mercredi 14 janvier 2015
US Retail Forex assets climb in November, FXCM Inc the big winner
Posted on 23:23 by nice news
CFTC data on US retail forex client assets is now out for November, and it shows a not-unexpected positive turnaround in the US retail forex sector.
Overall, US retail forex client assets rose 4% in November to $630.5 million from October’s $605.8 million. That is still well down, however, from the $742 million of client assets the CFTC reported at year-end 2011.
On our industry-concentration watch, the Top-3 of FXCM Inc (NYSE:FXCM), OANDA and Gain Capital Holdings Inc (NYSE:GCAP) continued to account for more than 75% of the entire sector in the US – up marginally actually, from 75.3% to 75.4%. US traders continue to be over-regulated and have less and less choice each day.
Overall, US retail forex client assets rose 4% in November to $630.5 million from October’s $605.8 million. That is still well down, however, from the $742 million of client assets the CFTC reported at year-end 2011.
On our industry-concentration watch, the Top-3 of FXCM Inc (NYSE:FXCM), OANDA and Gain Capital Holdings Inc (NYSE:GCAP) continued to account for more than 75% of the entire sector in the US – up marginally actually, from 75.3% to 75.4%. US traders continue to be over-regulated and have less and less choice each day.
US Retail Forex assets climb in November, FXCM Inc the big winner
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