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Fxcm Posts Declines Inwards Retail In Addition To Institutional Fx Volumes For December Of 2016

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New York-based FX broker, FXCM Inc, has reported today a 33% drib inwards retail merchandise book for the calendar month of December. According to the press release, retail trading turnover came inwards at $235 billion, which is “33% lower than Nov 2016 as well as 27% lower than Dec 2015.” FXCM equally good revealed that full retail turnover for 2016 was $3.5 trillion - an 8% drib when compared against figures for 2015. Average daily book was equally good downwardly inwards December: $11.2 billion, 24% lower when compared to figures from Dec of 2015. Institutional metrics: Just similar the downward tendency inwards retail volumes, turnover on FXCM originating from institutional clients was equally good lower during the concluding calendar month of 2016. Institutional book on FXCM for Dec came inwards at $25 billion, well-nigh 31% lower than Dec of 2015. Total institutional book for all of 2016 was $527 billion - solely 1% lower than full turnover for 2015. However, the ...