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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GMT:
14:00 |
London:
14:00 |
Tokyo:
22:00 |
Sydney:
23:00 |
New York:
09:00
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Recent articles:
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in FXCM news
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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.
|
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.
|
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.
|
Tuesday,
29 April 2008,
17:58 GMT
Press Releases
FXCM Joins With CNBC To Feature Currency Trading in the CNBC.com Million Dollar Portfolio Challenge
FXCM (www.fxcm.com),
the online currency trading broker, has joined with CNBC as the Official
Currency Trading Sponsor of the CNBC.com Million Dollar Portfolio Challenge.
|
Tuesday,
15 April 2008,
18:31 GMT
Research
>
Forex - Technical research
FXCM Launches Its Enhanced Dollar Index Programs
FXCM (
www.fxcm.com
), one of the largest Forex Dealer Members, recently introduced the Enhanced Dollar Index Programs. These programs, which use the DXY Index as a benchmark, let investors take a position based on the direction of the dollar without having to trade the dollar themselves, seeking to outperform the DXY Index.
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in other categories
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Wednesday,
19 November 2008,
04:01 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved marginally lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2570 level and was capped around the $1.2685 level. Traders are closely watching congressional testimony from Federal Reserve Chairman Bernanke and Treasury Secretary Paulson today.
|
Tuesday,
18 November 2008,
06:29 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 18, 2008
GMT 06:07
EUR/USD
Today’s support: - 1.2577, 1.2532, 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be.
|
Monday,
17 November 2008,
08:12 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 17, 2008
GMT 08:03
EUR/USD
Today’s support: - 1.2490 and 1.2476(main), where correction is possible. Break would give 1.2453, where correction also may be. Then follows 1.
|
Monday,
17 November 2008,
01:19 GMT
Research
>
Forex - Technical research
Weekly market recap
GCI Forex Research
The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.2385 level and was capped around the $1.2925 level. The pair lost about 115 pips last week. The U.
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Sunday,
16 November 2008,
00:56 GMT
Research
>
Forex - Fundamental research
Fundamental Outlook
GCI Forex Research
The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2705 level and was capped around the $1.2825 level. Traders are wondering what news may emerge at this weekend’s Group of Twenty meeting in Washington, D.
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Friday,
14 November 2008,
05:04 GMT
Research
>
Forex - Trading signals, forecasts and strategy
Forex and Dow Jones recommended levels
Technical Trading
November 14, 2008
GMT 04:56
EUR/USD
Today’s support: - 1.2679 and 1.2642(main), where correction is possible. Break would give 1.2624, where correction also may be. Then follows 1.
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1.2630 / 33
1.9519 / 23
