Thursday, January 24, 2013

Forex volume slows even more based on FXCM, IG data


FXCM December 2012 Stats












From the table, we can clearly see that forex trading volume for both retail and institutional clients slipped in December. Compared to the November, retail trading volume declined by around 16% while institutional trading volume fell 11%. Year-on-year, retail and institutional trading volume dropped 11% and 23%, respectively.
Data on retail and institutional average trading volume per day were mixed. For retail, it decreased month-on-month but increased year-on-year. For institutional accounts, average trading volume fell both month-on-month and year-on-year.
IG Group, another major online broker, also reported a drop in trading revenue across all regions. Take a look at the table below:
IG Stats










Woah, that's a lot of red marks! Not a single region reported an increase in first-half revenue as global forex trading revenue slipped by 14% compared to the same period the previous year. The number of active clients also dropped, with a 29% decrease in Japan and a 14% decline in the U.K.


Read more: http://www.babypips.com/blogs/espipionage/trading-activity-in-fxcm-and-ig-group-continue-to-fall.html?utm_medium=email&utm_campaign=Daily+Newsletter+-+January+24+2013&utm_content=Daily+Newsletter+-+January+24+2013+CID_e1b84e02bee6cb23c16e017340245fbb&utm_source=Campaign%20Monitor&utm_term=trading%20metrics#ixzz2Iu5yZQs9