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Stock Market & Financial Investment News

News Breaks
December 17, 2012
16:47 EDTFXCMFXCM reports November retail customer trading volume of $305B
Down, 11% year over year. An average of 353,983 retail client trades per day in November, 4% higher than October and 22% lower than November 2011. Tradeable accounts of 203,495 as of November 30, 2012, a decrease of 219, or 0.11% from October, and an increase of 10,723, or 6%, from November 2011. Institutional customer trading volume of $90B in November, 68% higher than October and 41% lower than November 2011. Average institutional trading volume per day of $4.1B in November, 76% higher than October and 41% lower than November 2011. An average of 9,837 institutional client trades per day in November, 68% higher than October and 67% lower than November 2011.
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September 10, 2014
08:05 EDTFXCMFXCM price target raised to $17 from $12 at Credit Suisse
Credit Suisse raised FXCM's price target to $17 following strong August volume metrics. The firm continues to like the long-term story for FXCM and believes its cash position will make it a consolidator in the industry. Shares are Outperform rated.
September 5, 2014
09:00 EDTFXCMFXCM to acquire IBFX MT4 retail forex accounts in U.S. and Australia
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