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Learn more about Global services with FX Prime Brokers Learn more about Global services with FX Prime Brokers Interactive BrokersThe US Commodity Futures Trading Commission (CFTC) on Thursday released its monthly key figures and data for Futures Commission Merchants (FCMs) for the month of March 2018. The reports include data from FCMs and also brokerdealers that hold retail forex obligations in the United States. As per the data reported by the brokerages operating in the US for the month of March, there have been no notable changes in the retail Fx funds. The brokers reported a total decline of 2 percent month over month in March at $510.6 million, compared with $519.1 million reported in February. According to the dataset released by CFTC, all four FCMs Gain Capital, OANDA, TD Ameritrade and Interactive FX Prime Brokers, that hold Retail Forex Obligations in the US reported lower clients deposits figures in March. The largest loss was reported by TD Ameritrade, which witnessed a drop of $1.8 million or 3 percent monthover month. GainCapitalGain Capital reported a 2 percent decrease monthovermonth which are at $239 million compared to $243 million at the end of February. Interactive Brokers witnessed less decline compared to February metrics shedding 1 percent to $42.7 million. And, OANDA reported a loss of $2.33 million of clients funds in March, coming in at $172 million. In terms of Market share, the distribution remained unchanged with Gain Capital leading the chart with 48 percent share, OANDA strengthened its position in the second level with 33 percent market share, TD Ameritrade Interactive Brokers retain a 12 percent and 8 percent share respectively. Southward Forex Trading Volumes in April The Denmarkbased forex broker reported a doubledigit decline in forex trading volumes for the second month in a row. After witnessing 23 percent decline in March volume, the brokerage reported 21 percent slump in overall trading volume at $372 billion against March’s $472 billion. FX trading volumes during the month were $245.4 billion, down by 23 percent from March. The Equities volumes were at $81 billion, down by over 25 percent from the
March operating metrics, and Fixed Income volumes declined by 35 percent to $11March operating metrics, and Fixed Income volumes declined by 35 percent to $11 billion. On the positive side, Commodities volumes during the month were up by 21 percent and reached $35 billion. Intercontinental Exchange ICEIntercontinental Exchange Intercontinental Exchange, (NYSE: ICE), a global network of exchanges and clearing houses reported weak operating metrics for the month of April. During the month, the average daily volume (ADV) for F&O business was reported at 5.45 million contracts, which is a drop of 7.42 percent monthovermonth and loss of 6.6 percent on the yearly basis. The foreign exchange and credit volumes averaged 26,000 contracts per day, a 28 percent drop monthovermonth from 36,000 contracts in March and over 13 percent drop when compared with the same period year ago at 28,000 contracts. The equity and interest rate segment also witnessed 23 percent drop in trading volumes on a yearly basis, reporting an average daily volume of 2.22 million contracts compared to 2.54 million in April 2017. On the higher side, the commodities segment witnessed 7.3 percent rise in monthly volumes but is lower by 2 percent on the yearly basis. The Energy volume reported an increase of 4.2 percent monthonmonth to 2.7 million contracts per day but is 3.6 percent lower than April 2017 metrics.