FXCM Group Releases Latest Financial Data

Discussion in 'Data Sets and Feeds' started by FXCM- PR Rep, Jul 29, 2008.

  1. FXCM- PR Rep

    FXCM- PR Rep ET Sponsor

    FXCM Group Releases
    Latest Financial Data

    New York, July 29, 2008

    The FXCM Group has released its most recent balance sheet. The numbers reflect the group’s financial strength and status as of June 30, 2008. Highlights include:

    • Over $95 Million in Capital (Assets Minus Liabilities)
    • Over $125 Million In Operating Cash (Excludes Client Funds)

    FXCM believes that financial transparency in the retail forex industry is more important than ever in light of the NFA’s new financial requirements. Furthermore, they challenge other forex firms to follow their example.

    Balance Sheet (Unaudited)
    AS OF JUNE 30, 2008

    ASSETS
    CUSTOMER CASH 369,600,935
    OPERATING CASH 126,229,454
    OTHER ASSETS 5,907,155
    FIXED ASSETS 6,817,568

    TOTAL ASSETS 508,555,112

    LIABILITIES
    CUSTOMER DEPOSITS 369,600,935
    DEFFERED REVENUE 21,000,000
    OTHER LIABILITIES 22,458,763

    TOTAL LIABILITIES 413,059,698

    CAPITAL
    FXCM CAPITAL 95,495,414

    TOTAL LIABILITIES AND FXCM CAPITAL 508,555,112


    The FXCM balance sheet assures the forex industry of its financial strength and stability. FXCM continues to grow and will continue to publicly release its balance sheet.

    The FXCM Group consists of FXCM Holdings LLC, Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD, and FXCM Canada LTD.
    # # #
    FXCM Facts
    • Forex Capital Markets LLC is one of the Largest Forex Dealer Members
    • More than 100,000 live accounts are traded on FXCM trading platforms
    • As of January 2008, an average of $350 billion in notional volume is traded each month on FXCM trading platforms
    • As of January 2008, there is in excess of $700 million in customer funds trading on platforms offered by FXCM
    • FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the world
    Registered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
    # # #
    Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

    More Information:
    Jaclyn Sales
    Public Relations Coordinator
    FXCM
    Financial Square
    32 Old Slip, 10th Floor
    New York, NY 10005
    Dir (646) 432-2463
    Tel (212) 897-7660
    jsales@fxcm.com