Stock market versus forex
US Forex Broker FXCM released the financial figures for Q1 2012 and the trading metrics for April. GAAP revenues rose to $102.6 million, 8% more than the Q1 2011. Customer equity grew to $1.1 billion and a rise of trading volume during this period to $15.2 billion a day, mostly from Japanese operations.
However, the drop in volatility took its toll on the volumes in April: retail volume was 27% lower than March, and institutional volume was 24% lower. There are many more interesting numbers.Read the rest of the article FXCM Reports Higher Revenue in Q1, Low Volumes in April
Source: Forex Crunch
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