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FXCM Group Reports Monthly Execution Data

LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, Nov. 19, 2020 (GLOBE NEWSWIRE) — FXCM Group, LLC (“FXCM Group” or “FXCM”), a leading international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, today released execution data for October 2020. To view execution data including historical spreads, execution speeds and historical price improvement data click here: https://www.fxcm.com/uk/about-fxcm/execution-transparency/ .

October 2020 All Instruments Highlights:*

  • 60.4% of orders executed at price1
  • 25.3% of orders executed with positive slippage2
  • 14.2% of orders executed with negative slippage3
  • Average execution speed 28 milliseconds4

Highlighted Instruments October 2020:

Instrument Active Trader
Peak
Spread5
Active Trader Non-Peak Spread5 Active Trader Effective Spread6 At Price Orders Positive Slippage Negative Slippage
BTC/USD 30.1 30.1 27.4 81.8 % 6.4 % 11.7 %
ETH/USD 1.1 1.1 1.1 70.9 % 12.4 % 16.8 %
LTC/USD 0.3 0.3 0.3 86.9 % 5.0 % 8.1 %
XAU/USD 0.4 0.4 0.4 52.7 % 32.6 % 14.7 %
SPX500 0.4 0.4 0.4 43.4 % 33.5 % 23.0 %
NAS100 1.1 1.1 1.1 35.9 % 40.8 % 23.3 %
EUR/USD 0.1 0.4 0.2 72.8 % 17.9 % 9.3 %
GBP/USD 0.3 1.0 0.4 65.3 % 22.3 % 12.4 %
AUD/USD 0.2 0.4 0.2 74.5 % 17.8 % 7.7 %

For more information and to open a live account, traders can contact an FXCM specialist 24 hours a day, 5 days a week.

*These highlights come from orders that executed through FXCM Group from 1 October 2020, to 31 October 2020. Data excludes certain types of non-direct clients.

1Percentage of executed client trades# in October 2020, which were executed at the price clients requested.
2Percentage of executed client trades# in October 2020, which were executed at a more favorable price than the price clients requested.
3Percentage of executed client trades# in October 2020, which were executed at a less favorable price than the price clients requested.
4This defines the amount of time between when we receive the order until execution. This excludes internet latency and post trade booking.
5This data is compiled forex and CFD trading data from FXCM’s Active Traders for 1 October 2020, to 31 October 2020. The data reflects average spreads made available to FXCM clients during all trading hours.
6This data is compiled forex and CFD trading data from FXCM’s Active Traders for 1 October 2020, to 31 October 2020. The data reflects the spread at which trades were executed by FXCM clients during all trading hours.
#Client trades here cover stop, limit, “at market”, and entry orders. Certain non-direct clients are excluded from the data. Limit and limit entry orders would only execute at the requested price or better and cannot receive negative slippage. Price improvements are subject to available liquidity.

About FXCM:
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company’s mission is to provide global traders with access to the world’s largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. The products are intended for retail, professional and eligible counterparty clients. Retail clients who maintain account(s) with Forex Capital Markets Limited (“FXCM LTD”), could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds but professional clients and eligible counterparty clients could sustain losses in excess of deposits. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) Ltd, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business. Our FX and CFD prices are set by us, are not made on an Exchange and are not governed under the Financial Advisory and Intermediary Services Act. The FXCM Group may provide general commentary, which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.

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Contact Information
FXCM@chatsworthcommunications.com

Isolated for Months, Island Crew Sees Pandemic for First Time

HONOLULU – Just as the coronavirus pandemic began to take hold, in February, four people set sail for one of the most remote places on Earth – a small camp on Kure Atoll, at the edge of the uninhabited Northwestern Hawaiian Islands.

There, more than 1,400 miles from Honolulu, they lived in isolation for eight months while working to restore the island’s environment. Cut off from the rest of the planet, their world was limited to a tiny patch of sand halfway between the U.S. mainland and Asia. With no television or internet access, their only information came from satellite text messages and occasional emails.

Now they are back, emerging into a changed society that might feel as foreign today as island isolation did in March. They must adjust to wearing face masks, staying indoors and seeing friends without giving hugs or hearty handshakes.

“I’ve never seen anything like this, but I started reading the book The Stand by Stephen King, which is about a disease outbreak, and I was thinking, ‘Oh my goodness, is this what it’s going to be like to go home?'” said Charlie Thomas, one of the four island workers.

The group was part of an effort by the state of Hawaii to maintain the fragile island ecosystem on Kure, which is part of the Papahanaumokuakea Marine National Monument, the nation’s largest contiguous protected environment. The public is not allowed to land anywhere in the Northwestern Hawaiian Islands.

Kure is the only island in the northern part of the archipelago that is managed by the state, with the rest under the jurisdiction of the federal government. A former Coast Guard station, the atoll is home to seabirds, endangered Hawaiian monk seals and coral reefs that are teeming with sea turtles, tiger sharks and other marine life.

Two field teams go there each year, one for summer and another for winter. Their primary job is removing invasive plants and replacing them with native species and cleaning up debris such as fishing nets and plastic that washes ashore.

Before they leave, team members are often asked if they want to receive bad news while away, said Cynthia Vanderlip, the supervisor for the Kure program.

“A few times a day, we upload and download email so people stay in touch with their family and friends. That’s a huge morale booster, and I don’t take it lightly,” Vanderlip said. “People who are in remote places … rely on your communication.”

Thomas, the youngest member of the team at 18, grew up in a beach town in New Zealand and spent much of her free time with seabirds and other wildlife. She finished school a year early to start her first job as a deckhand for an organization dedicated to cleaning up coastlines before volunteering for the summer season on Kure Atoll.

The expedition was her first time being away from home for so long, but she was ready to disconnect.

“I was sick of social media, I was sick of everything that was sort of going on,” she said. “And I thought, you know, I am so excited to get rid of my phone, to lose contact with everything … I don’t need to see all the horrible things that are going on right now.”

Once on Kure, getting a full picture of what was happening in the world was difficult.

“I guess I didn’t really know what to think because we were getting so many different answers to questions that we were asking,” she said.

Thomas is now in a hotel in quarantine in Auckland, where she lives with her parents, sister and a dog named Benny. She will miss hugs and “squishing five people on a bench to have dinner,” she said.

Joining her on the island was Matthew Butschek II, who said he felt most alone when he received news about two deaths.

His mother emailed to tell him that her brother had died. Butschek said his uncle was ill before the pandemic, and he was not sure if COVID-19 played a role in his death. He could not grieve with his family.

Then Butschek, 26, who lives near Dallas, received word that one of his best friends had been killed in a car accident.

“I remember reading that, thinking it was a joke and then realizing it wasn’t, so my heart started pounding and I was breathing heavily,” he said.

While in quarantine last week, Butschek looked out the window of his cabin in Honolulu and saw school-aged children playing on rocks and climbing trees – all wearing face masks. It reminded him of apocalyptic movies.

“It’s not normal for me. But everyone is like, yeah, this is what we do now. This is how we live,” he said.

Leading the camp on Kure was wildlife biologist Naomi Worcester, 43, and her partner, Matthew Saunter, who live together in Honolulu.

Worcester first visited the island in 2010 and has returned every year since. She’s a veteran of remote fieldwork in Alaska, Washington, Wyoming and the Sierra Nevada mountains.

Working on the atoll means getting information about the world slowly, and often not at all, Worcester said.

A few weeks ago, she departed Kure and arrived on Midway Atoll, where she and the rest of the crew stayed for several days before flying back to Honolulu. Midway has limited internet access and basic cable television. During a moment alone, she turned on a TV.

“I think I turned it on during the middle of the World Series,” she recalled. “And it’s like some people are wearing face masks and some people aren’t. And there is the thing about the guy that tested positive in the middle of the game or something. I was just like … I don’t know, this is too much!”

She also worries about the pandemic’s cost in a larger sense.

“With so much uncertainty and so many emotions running high and, you know, our country is divided on so many things … there is kind of an underlying fear as far as what the future could hold and how people could respond.”

Saunter, 35, has worked on Kure since 2010, the same year he met and began dating Worcester. They have been partners in life and on the island for a decade.

In 2012, they began leading teams at the field camp.

After so many years at the camp, Saunter said, isolation isn’t much of a factor for him. He believes the leadership skills he’s learned in the wilderness will translate well to life in the pandemic.

To be successful on Kure, you have to tackle problems head-on and control your emotions, he said.

“You know people’s emotions are getting the better of them, and it’s kind of at the cost of everybody, so it seems very irresponsible,” he said. “If we had taken it more seriously and practiced more precautions, we could have squashed this thing.”

He remembers being on Kure when his sister called the outbreak a “pandemic.”

“I got an email from my sister and she used the word ‘pandemic,'” he said. “I thought to myself, huh, maybe we need to look that up, because what’s the difference between a pandemic and an epidemic?”

Source: Voice of America

US Surpasses 250,000 Coronavirus Deaths as New Cases Rise Sharply

The United States has surpassed 250,000 coronavirus deaths as new cases surge in many parts of the country.

New York City on Wednesday announced the closure of its school system, the nation’s largest, with the city recording a seventh consecutive day with a COVID-19 positivity rate above 3%.

“Public school buildings will be closed as of tomorrow, Thursday Nov. 19, out [of] an abundance of caution. We must fight back the second wave of COVID-19,” New York City Mayor Bill de Blasio wrote on Twitter.

In-person school resumed for New York children between late September and early October, when the seven-day positivity rate was under 2%.

Other major cities, including Boston and Detroit, have made recent moves to halt in-person classes for their schools.

Across the United States there have been more than 11.5 million confirmed cases since the pandemic began.

The current wave of infections is adding to that number at an increased rate with an average of nearly 160,000 new cases each day during the past week. That is about triple the number of new daily cases in the United States one month ago. More than 1,100 people are dying per day.

Health care workers are dealing with the strain of a record number of hospitalized COVID-19 patients.

The surge has pushed leaders in many states to reimpose certain restrictions in order to try to slow the spread of the virus.

Among the latest, Minnesota Gov. Tim Walz announced Wednesday that all restaurants, bars and gyms would close for four weeks. Minnesota is adding four times as many new infections each day as it was in mid-October.

Concerns about Thanksgiving holiday

Officials are expressing concerns about the approaching Thanksgiving holiday, a time when millions of Americans typically gather with family members and often travel to other parts of the country.

Virginia Gov. Ralph Northam urged people in his state to stay home, saying doing so would be “an act of love.” He added that if people do decide to celebrate with others, they should do so in small groups and be outdoors.

U.S. Health and Human Services Secretary Alex Azar urged similar caution in a Wednesday briefing.

“Gathering indoors with people who aren’t members of your household is a high-risk activity for spreading the virus,” he said.

There has been some optimistic news this week with two pharmaceutical companies announcing preliminary results showing their COVID-19 vaccines have been effective in trials.

Azar said those developments mean that within weeks the Food and Drug Administration could authorize the vaccines and they could be ready for distribution.

“Because of this work, by the end of December, we expect to have about 40 million doses of these two vaccines available for distribution, pending FDA authorization—enough to vaccinate about 20 million of our most vulnerable Americans—and production would continue to ramp up after that,” Azar said.

The U.S. government has pursued a vaccination development program with the intention of making it so that no one in the country has to pay out of their own pocket to get a vaccine.

Source: Voice of America