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.
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Balance Sheet (Unaudited)
AS OF JUNE 30, 2008 |
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ASSETS |
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CUSTOMER CASH |
369,600,935 |
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OPERATING CASH |
126,229,454 |
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OTHER ASSETS |
5,907,155 |
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FIXED ASSETS |
6,817,568 |
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TOTAL ASSETS |
508,555,112 |
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LIABILITIES |
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CUSTOMER DEPOSITS |
369,600,935 |
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DEFFERED REVENUE |
21,000,000 |
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OTHER LIABILITIES |
22,458,763 |
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TOTAL LIABILITIES |
413,059,698 |
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CAPITAL |
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FXCM CAPITAL |
95,495,414 |
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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.
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Recent articles:
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in FXCM news
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Monday,
08 December 2008,
14:35 GMT
Press Releases
Free $50 to Open FXCM Micro Forex Trading Account
FXCM Micro (www.forexmicrolot.com),
the discount brokerage division of FXCM, announced today that it will be
offering forex traders who currently trade with a different forex firm free $50
accounts to try FXCM Micro.
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Thursday,
13 November 2008,
16:26 GMT
Press Releases
Learn To Trade Currencies This Fall
FXCM (http://www.fxcm.com?CMP=PR-TradeCurrencies)
joins CNBC.com for the second time as the exclusive currency trading sponsor in
the CNBC.com Million Dollar Portfolio Challenge.
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Thursday,
17 July 2008,
18:06 GMT
Press Releases
FXCM Adds High-Interest-Rate Currency Pairs to its Forex Trading Platform
FXCM (www.fxcm.com) announced today the addition of three new exotic currency pairs to trade on the FX Trading Station, marked by high interest rates and high roll over.
New Currency Pairs:
Euro/Turkish Lira
United States
Dollar/Turkish Lira
United States
Dollar/South African
Rand
Current Central Bank Interest Rate:
Turkish Lira (TRY) 16.
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Monday,
02 June 2008,
18:24 GMT
Press Releases
FXCM Offers Free Forex Education and Free Forex Trading Signals for the CNBC.com Million Dollar Portfolio Challenge
FXCM (
www.fxcm.com), the official currency-trading sponsor of the CNBC.com Million Dollar Portfolio Challenge, announced today that it is providing all contestants of the virtual trading competition with free forex education and trading signals to optimize their currency-trading experience.
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Wednesday,
07 May 2008,
16:20 GMT
Press Releases
Now Available With FXCM: MetaTrader 4 by MetaQuotes
FXCM (www.fxcm.com)
announced that clients can now choose between trading on the FXCM trading
platform or on MetaTrader4 platform by MetaQuotes.
After numerous requests from the
forex community, FXCM has added Meta Trader4 to its list of trading platform
options.
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in other categories
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Friday,
03 September 2010,
00:45 GMT
Research
>
Forex - Technical research
Daily FX Market Review-3-9-2010
AceTrader
Market Review - 02/09/2010 22:47 GMT
Euro rises due to solid European bond auctions ahead of U.S. non-farm payrolls
The single currency strengthened against the greenback on Thursday, as solid results from Spanish and French bond auctions boosted risk appetite and gave support to euro, however, investors remained cautious ahead of the release of US non-farm payrolls.
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Thursday,
02 September 2010,
07:11 GMT
Research
>
Forex - Technical research
Riskier Currencies Mute Gains in Overnight Trading
Forexyard Daily Forex research
Currencies like the euro and UK pound muted gains made yesterday as
investors appear to be waiting on a batch of economic data set to be
released later today. Signs that the global economic recovery is
speeding up may be reinforced today as the UK, euro zone and US are all
forecasted to release significant news.
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Thursday,
02 September 2010,
02:32 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
September 02, 2010
GMT 02:18
EUR/USD
Today’s support: - 1.2735 and 1.2690(main),
where correction is possible. Break would give 1.2677, where correction also may be.
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Wednesday,
01 September 2010,
07:18 GMT
Research
>
Forex - Technical research
ADP Non-Farm Employment Change on Tap
Forexyard Daily Forex research
After the U.S. dollar corrected some of its gains yesterday, a new
trading day, packed with significant economic publications is ahead.
Most attention should be given to the U.S. ADP Non-Farm Employment
Change, which attempts to estimate Friday's release of Non-Farm
Payrolls.
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Wednesday,
01 September 2010,
06:40 GMT
Research
>
Forex - Technical research
EUR/USD Daily Market Outlook by AceTrader
AceTrader
Forex signal: Sell on marginal rise n exit on decline as below
1.2661 needed to extend weakness to 1.2640/45.
INTRA-DAY EUR/USD OUTLOOK
Last Update At 01 Sep 2010 06:22 GMT
Rate : 1.2720
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