FXCM reports $67 mln net revenue in Q4 2015, retail forex volumes up 36% YoY in February

FXCM reports $67 mln net revenue in Q4 2015, retail forex volumes up 36% YoY in February

- in All News, Forex Brokers
fxcm-logo-smn

Forex Capital Markets (NYSE:FXCM), US largest retail forex broker in terms of clients’ deposits, reported its 2015 fourth quarter and full year financial results and February 2016 trading metrics.

Fourth Quarter 2015 Highlights:

  • U.S. GAAP net revenues from continuing operations of $67.0 million ($93.5 million for Q4 2014)
  • U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $85.7 million or $15.75(1) per fully diluted share, including a $99.9 million loss on derivative liability ($13.3 million net income in Q4 2014)
  • U.S. GAAP net revenues from discontinued operations of $12.3 million
  • U.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $19.3 million or $3.54 (1) per fully diluted share
  • Adjusted EBITDA from continuing and discontinued operations of $12.6 million
  • Strong combined operating cash position of $239.6 million and regulatory surplus of $82.2 million at December 31, 2015

 

February 2016 Customer Trading Metrics from Continuing Operations 

Retail Customer Trading Metrics

  • Retail customer trading volume(3) of $309 billion in February 2016, 7% lower than January 2016 and 36% higher than February 2015.
  • Average retail customer trading volume(3) per day of $14.7 billion in February 2016, 11% lower than January 2016 and 29% higher than February 2015.
  • An average of 654,287 retail client trades per day in February 2016, 5% lower than January 2016 and 45% higher than February 2015.
  • Active accounts(4) of  175,522 as of February 29, 2016, an increase of  3,627, or 2%, from January 2016, and an increase of 6,374, or 4%, from February 2015.
  • Tradeable accounts(5) of  165,279 as of February 29, 2016, an increase of  2,643, or 2%, from January 2016, and a decrease of 19,198, or 10%, from February 2015.

Institutional Customer Trading Metrics

  • Institutional customer trading volume(3) of $53 billion in February 2016, 47% higher than January 2016 and 18% higher than February 2015.
  • Average institutional trading volume(3) per day of $2.5 billion in February 2016, 39% higher than January 2016 and 14% higher than February 2015.
  • An average of 50,373 institutional client trades per day in February 2016, 24% higher than January 2016 and 380% higher than February 2015.

Find the full report here.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

IG reports “record revenue” for Q1 FY2018

IG Group, a major global forex broker based in