FXCM August Single Share & Stock Baskets Report
LONDON–(BUSINESS WIRE)–FXCM Group, LLC (“FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, is today releasing its data of most popular instruments for the month of August in its Single Share CFD and proprietary Stock Basket product lines.
FXCM offers fractional single share trading with no commission fees* on leading companies from the US, UK, France, Germany, The Netherlands, Hong Kong and Australia. FXCM’s stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. The company currently boasts a portfolio of 16 stock baskets. The list of companies and weightings is available on FXCM’s stock basket website (https://www.fxcm.com/markets/stock-baskets/)
Recession, the Fed and the price of oil and gas were the main talking points for global stock markets throughout August as FXCM traders tried to navigate the volatile markets. Electric vehicles (EV) maker Tesla remained the most traded single share followed by tech giant Apple. Two more EV companies made it in the top 10 – Chinese based Nio Inc, climbed to the third spot, while Xpeng, jumped an impressive 20 spots to land at sixth. Chinese stocks Tencent and Alibaba also made it into the top 10 via their HK listings, as well as e-commerce platform Pinduoduo. Only a month after being introduced on FXCM platforms, fintech company Affirm Holdings rounded out the top 10 after catching the eye of traders.
No major shifts on the stock basket side. FAANG and Crypto Stocks remain the most highly traded baskets, while China Ecommerce and Work from Home both climbed a spot, pushing down China Tech by two places. A noticeable returnee to the top 10 is the Cannabis basket, while the Esports & Gaming and Airlines baskets complete the top 10, holding on to their spots from the previous month.
Volume Rank |
Monthly Rank Change |
Company |
Symbol |
1 |
– |
Tesla Inc |
TSLA.us |
2 |
↑1 |
Apple |
AAPL.us |
3 |
↑4 |
Nio |
NIO.us |
4 |
↓2 |
Alibaba (US) |
BABA.us |
5 |
↑4 |
Bilibili |
BILI.us |
6 |
↑20 |
Xpeng Inc (US) |
XPEV.us |
7 |
↑5 |
Pinduoduo (US) |
PDD.us |
8 |
↓4 |
Alibaba (HK) |
BABA.hk |
9 |
↑2 |
Tencent Holdings (HK) |
TENC.hk |
10 |
↑26 |
Affirm Holdings Inc |
AFRM.us |
Volume Rank |
Monthly Rank Change |
Sector |
Symbol |
1 |
– |
Big US Tech |
FAANG |
2 |
– |
Crypto Stocks |
Cryptostock |
3 |
↑1 |
China Ecommerce |
CHN.ECOMM |
4 |
↑1 |
Work From Home |
WFH |
5 |
↓2 |
China Tech |
CHN.TECH |
6 |
↑2 |
Big China Tech (HK) |
ATMX |
7 |
– |
Biotech |
BIOTECH |
8 |
↑4 |
Cannabis |
CANNABIS |
9 |
– |
Esports & Gaming |
ESPORTS |
10 |
– |
Airlines |
AIRLINES |
Past Performance and popularity is not an indicator of future results.
Rank is derived from FXCM Client Volume
*FXCM can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
ENDS
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.
Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
66% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
73% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited: AFSL 309763. By trading, you could sustain a total loss of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business on www.fxcm.com/au.
FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.
FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).
Contacts
Chatsworth Communications
+44 (0) 20 7440 9780
[email protected]