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US-headquartered online brokerage operator with global offices and regulated businesses, FXCM Inc., has today announced some of its key customer trading metrics for May 2016.
The company reported that its total retail volumes reached $280 billion in May and down 2% compared to April, as its institutional foreign exchange volumes plunged by 33% to $50billion in May when compared to the prior month.
May has racked-up to be a slower month for several firms and exchanges, compared to April, meanwhile volatility in June appears ripe for even further activitiy ahead of the UK’s referundum vote this month.
[b][i]The new world of online trading, ... (read more)