FXCM Group Releases Updated Financial Data

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. Balance Sheet (Unaudited) AS OF JUNE 30, 2008 ASSETS CUSTOMER CASH 369,600,935 OPERATING CASH 126,229,454 OTHER ASSETS 5,907,155 FIXED ASSETS 6,817,568 TOTAL ASSETS 508,555,112 LIABILITIES CUSTOMER DEPOSITS 369,600,935 DEFFERED REVENUE 21,000,000 OTHER LIABILITIES 22,458,763 TOTAL LIABILITIES 413,059,698 CAPITAL FXCM CAPITAL 95,495,414 TOTAL LIABILITIES AND FXCM CAPITAL 508,555,112 The FXCM balance sheet assures the forex industry of its financial strength and stability.

Read more >