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FXCM slips 6% after reporting weak trading metrics for May

Jun. 09, 2016 1:51 PM ETGlobal Brokerage, Inc. (GLBR) StockGLBRBy: Gaurav Batavia, SA News Editor
  • FXCM (FXCM -7.2%) announced customer trading metrics for May.
  • Retail customer trading metric: Trading volume $280B (-2% M/M). Active accounts 177,900 (+1% M/M). Tradeable accounts 170,850 (+1% M/M).
  • Institutional customer trading metric: Trading volume $50B (-33% M/M). Average client trades per day 45,999 (-14% M/M).

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