FXCM Holdings LLC continues to make a public release of its balance sheet. The numbers reflect the group’s financial strength and status as of December 31, 2008.
Highlights of the (unaudited) balance sheet include the following:
$145,072,098 In Capital (Assets Minus Liabilities)
$179,381,756 In Operating Cash (Excludes Client Funds)
Drew Niv, CEO of the global trading firm, commented: "FXCM is proud of our financial discipline and strong balance sheet. We believe clients should have the necessary information to make intelligent choices. By releasing this information, we hope to set an example for the entire forex industry."
Balance Sheet (Unaudited)(Amounts in USD) | |
| CUSTOMER CASH | $252,844,782 |
| OPERATING CASH | $179,381,756 |
| OTHER ASSETS | $5,941,945 |
| FIXED ASSETS | $7,762,294 |
| TOTAL ASSETS | $445,930,777 |
| CUSTOMER DEPOSITS | $252,844,617 |
| DEFERRED REVENUE | $18,000,000 |
| OTHER LIABILITIES | $30,014,062 |
| TOTAL LIABILITIES | $300,858,679 |
| FXCM CAPITAL | $145,072,098 |
| TOTAL LIABILITIES AND FXCM CAPITAL | $445,930,777 |
FXCM Holdings, LLC consists of FXCM Australia LTD., 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 125,000 live accounts are traded on FXCM trading platforms
- As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platforms
- As of January 2009, an excess of $600 million in customer funds trading on platforms offered by FXCM
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