FXCM and Eurex Registers Growth in Trading Volume in May 2018 After a Brief Pause


Continuing the show of strong volume growth across brokerages in May 2018, the UK-based FXCM Group LLC, the leading international provider of online forex, CFD and spread betting has reported a significant increase in its total trading volume. The growth in trading volume was achieved from a roughly same number of active accounts during the month.

During the month, the brokerage group has a total trade volume of $212 billion, an increase of 15 percent month-on-month from $184 billion in April 2018, but is 0.5 percent lower compared to May 2017 volumes. The group also reported an average daily trading volume of $9.2 billion in May 2018, which is 6 percent higher than April 2018, operational metrics but 1 percent lower than My 2017.

The active trade accounts in May 2018, stood at 110,299, a decrease of 135 accounts from April 2018 and decrease of 17,493 or 14 percent from May 2017 figures, signifying more trades were done by clients.

FXCM has gone through a lot of restructuring processes in recent times, with selling its non-core operations and rebranding its businesses. It parent Leucadia, recently renamed itself Jefferies Financial Group.


Deutsche Börse, a marketplace for trading shares and other related securities has announced that in May, Eurex’s Italian BTP segment has recorded sharp growth in volumed triggered by the formation of a new government that increased market volatility. Eurex offers the full range of Exchange Traded Derivatives (ETD), in both futures and options, to hedge exposures in the Italian bond market.

Lee Bartholomew, Head of Fixed Income & FX Product Research and Development at Eurex
Lee Bartholomew, Head of Fixed Income & FX Product Research and Development at Eurex

During the month, the traded volume doubled year-on-year reaching 7 million, an increase of 126 percent, while open interest stood at 0.7 million at the month-end (an increase of 0.2 percent YoY). The interest rate segment registered growth of 45 percent year-on-year. The overall volume at Eurex reported 13 percent growth to 184 million traded contracts from 163.4 million traded contracts in May 2017.

Lee Bartholomew, Head of Fixed Income & FX Product Research and Development at Eurex said:

“What is encouraging is the volume increase in BTP both in futures and options. Having this breadth of product coverage has allowed investors to hedge and position their portfolios accordingly. All this wouldn’t have been possible without the support of our members, who have provided liquidity in choppy markets.”