Exhibit 99.1

 

 

FXCM Inc. Announces Third Quarter 2016 Results

Releases October 2016 Customer Trading Metrics

 

Third Quarter 2016 Highlights:

 

·U.S. GAAP net revenues from continuing operations of $61.4 million

·U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $35.8 million, or $6.39 per diluted share, including a $27.0 million non-cash net loss on derivative liabilities

·U.S. GAAP net revenues from discontinued operations of $8.8 million

·U.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $3.3 million, or $0.59 per diluted share

·Retail trading revenue per million traded of $65 per million

·Adjusted EBITDA from continuing and discontinued operations of $6.4 million

·Solid growth in customer equity to $725 million – up 10% from June 30, 2016 and up 6% from December 31, 2015

·Strong combined operating cash position of $227.6 million and regulatory surplus of $90.9 million at September 30, 2016

 

October 2016 Customer Trading Metrics from Continuing Operations(1) Highlights:

 

·Retail customer trading volume(2) of $305 billion in October 2016, 6% lower than September 2016 and 9% lower than October 2015.

·Institutional customer trading volume(2) of $24 billion in October 2016, 17% lower than September 2016 and 29% lower than October 2015.

 

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

 

NEW YORK – November 8, 2016 – FXCM Inc. (NASDAQ:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended September 30, 2016, U.S. GAAP trading revenue from continuing operations of $57.8 million, compared to $56.2 million for the quarter ended September 30, 2015. U.S. GAAP net loss attributable to FXCM Inc. from continuing operations was $35.8 million (including a $27.0 million net loss on derivative liabilities) for the quarter ended September 30, 2016, or $6.39 per diluted share, compared to U.S. GAAP net income attributable to FXCM Inc. from continuing operations of $64.3 million (including a $137.6 million net gain on derivative liabilities), or $12.10 per diluted share, for the quarter ended September 30, 2015.

 

For the nine months ended September 30, 2016, U.S. GAAP trading revenue from continuing operations was $196.6 million, compared to $184.7 million for the nine months ended September 30, 2015. U.S. GAAP net income attributable to FXCM Inc. from continuing operations was $85.9 million for the nine months ended September 30, 2016, or $15.34 per diluted share, compared to U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $427.9 million, or $86.13 per diluted share, for the nine months ended September 30, 2015. These results include a $200.4 million net gain on derivative liabilities for the nine months ended September 30, 2016 and a $254.7 million net loss on derivative liabilities for the nine months ended September 30, 2015.

 


The following information was filed by Fxcm Inc. (FXCM) on Tuesday, November 8, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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