07/29/08—The FXCM Holdings, LLC 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 NFAs new financial requirements. Furthermore, they challenge other forex firms to follow their example.
(Amounts in USD)
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
CUSTOMER DEPOSITS
$369,600,935
DEFERRED REVENUE
$21,000,000
OTHER LIABILITIES
$22,458,763
TOTAL LIABILITIES
$413,059,698
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. FXCM continues to grow and will continue to publicly release its balance sheet.
FXCM Holdings, LLC consists of Forex Trading LLC, Forex Capital Markets LLC, Forex Capital Markets LTD, FXCM Asia LTD, and FXCM Canada LTD.