Shares of FXCM Skyrocket 15% as Investors Anticipate Higher Q1 Revenues

[kreslik.news]

Shares of FXCM Inc (NYSE:FXCM) have been trending higher today, with no material events reported by the company. What could be the main factor behind the 15 per cent increase in today’s trading on the New York Stock Exchange is the realization by investors that the foreign exchange and CFDs brokerage is likely to have a pretty good quarter.

Trading volumes across the spectrum have been rising since the start of 2016 and halfway through the quarter the relentless volatility in major currency pairs has remained broadly intact.

Looking at the first half of the first quarter of 2016, institutional venues ... (read more)