FXCM aims for 50:50 split between institutional and retail FX

- By Robert Mackenzie Smith
- 18 Oct 2013

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FXCM's chief executive Drew Niv has an ambitious goal: he wants to grow the institutional side of his business from 20% of the company's revenue to 50% in the next two to three years. For a company that started out in 1999 with a focus on online trading for retail investors, that seems a tall order, but when one takes stock of FXCM's growing inventory of acquisitions and new ventures, it starts to make sense.

Two years ago, FXCM moved into the nascent sphere of regulated foreign exchange options

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