Global Brokerage Inc. (GLBR)

[Condor65]

FXCM Inc. Announces First Quarter 2016 Results

Releases April 2016 Customer Trading Metrics


FXCM Inc.
May 6, 2016 6:30 AM
GlobeNewswire

https://finance.yahoo.com/news/fxcm-inc-announces-first-quarter-103000412.html

First Quarter 2016 Highlights:

- U.S. GAAP net revenues from continuing operations of $71.5 million
- U.S. GAAP net income attributable to FXCM Inc. from continuing operations of $61.3 million or $10.94 per fully diluted share, including a $110.8 million gain on derivative liability
- U.S. GAAP net revenues from discontinued operations of $6.5 million
- U.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $11.5 million or $2.06 per fully diluted share
- Adjusted EBITDA from continuing and discontinued operations of $10.3 million
- Strong combined operating cash position of $235.7 million and regulatory surplus of $107.2 million at March 31, 2016

April 2016 Customer Trading Metrics from Continuing Operations(2) Highlights:

- Retail customer trading volume(3) of $287 billion in April 2016, 1% lower than March 2016 and 6% lower than April 2015.
- Institutional customer trading volume(3) of $75 billion in April 2016, 10% lower than March 2016 and 83% higher than April 2015.

Presentation slides for the quarter are available at http://ir.fxcm.com/.

Details HERE:

https://finance.yahoo.com/news/fxcm-inc-announces-first-quarter-103000412.html