FXCM Trading Metrics Stabilize after Volatility Comes Back in May
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FXCM Trading Metrics Stabilize after Volatility Comes Back in May
Online foreign exchange and CFDs brokerage FXCM has reported its trading metrics for the month of May. The company’s clients transacted a total of $213 billion during the month. The figure is higher by 21 percent when compared to April and lower by 21 percent year-on-year.
The figures have been consistent with broad industry trends, catalyzed by the French election and political turmoil in the US and the UK. Despite increased volatility in EUR pairs, the moves across the currency markets throughout the last month were still subdued by historical standards. With the traditional summer lull for ... (read more)
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