FXCM Reports ex-US Monthly Metrics, Revealing Massive Cost of US Operation
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FXCM Reports ex-US Monthly Metrics, Revealing Massive Cost of US Operation
Retail foreign exchange brokerage FXCM published its trading volumes for the month of January via its Investor Relations website. The company excluded its US operations from the preliminary figure for January due to the imminent sale of its US accounts to GAIN Capital Holdings.
The broker reports that throughout January 2017 the total number of trading volumes that were transacted via the brokerage totaled $253 billion. The ex-US number was higher by 18 percent when compared to December 2016 figures and lower by 17 percent when compared to January 2016.
The figures ... (read more)
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