FXCM July Single Share & Stock Baskets Report

Rhea-AI Summary

FXCM Group announces its trading data for July, highlighting the most popular instruments in Single Share CFD and Stock Basket products. Notably, Alibaba (BABA) remains a top choice, ranking second among single shares traded in both US and HK markets. Tesla leads the rankings. The FAANG stock basket continues to dominate, while US e-commerce saw significant volume growth. Overall, trading trends reveal fluctuating interest amid ongoing economic concerns.

Positive

• Alibaba ranked second among the most traded single shares in both US and HK markets.
• FAANG stock basket remains the most traded basket, reflecting strong investor interest.

Negative

• Overall trading interest may be impacted by recession concerns.
• Nio Inc. dropped significantly in ranking, indicating reduced trader interest.

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 July 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, 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 was once again the main talking point for global stock markets throughout July as FXCM traders tried to navigate the volatile market. Electric vehicles maker Tesla remained the most traded single share followed by Chinese e-commerce giant Alibaba throughout both US and HK listings. Nio Inc, a leading China EV company, dropped five places, while tech giants Apple and Amazon remained in the top five. Other newcomers into the top ten include Coinbase and Boeing Co.

On the stock basket side, FAANG was the most highly traded basket, while Cryptostocks climbed to the second spot, followed by China Tech. A noticeable increase in volume for the US e-commerce basket led to a jump of four places to claim the sixth spot, overtaking Biotech. The Airlines basket, made up of the top airlines in the US, is the newcomer into the top ten.

Volume Rank	Monthly Rank Change	Company	Symbol
1	-	Tesla Inc	TSLA.us
2	↑1	Alibaba (US)	BABA.us
3	↑4	Apple	AAPL.us
4	↑4	Alibaba (HK)	BABA.hk
5	↓1	Amazon	AMZN.us
6	↑20	Coinbase	COIN.us
7	↓5	Nio	NIO.us
8	↑4	Netflix	NFLX.us
9	-	Bilibili	BILI.us
10	↑2	Boeing Co	BA.us

Volume Rank	Monthly Rank Change	Sector	Symbol
1	-	Big US Tech	FAANG
2	↑1	Crypto Stocks	Cryptostock
3	↓1	China Tech	CHN.TECH
4	-	China Ecommerce	CHN.ECOMM
5	-	Work From Home	WFH
6	↑4	US e-commerce	US.ECOMM
7	↓1	Biotech	BIOTECH
8	-	Big China Tech (HK)	ATMX
9	-	Esports & Gaming	ESPORTS
10	↑2	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).

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005593/en/

Chatsworth Communications

+44 (0) 20 7440 9780

fxcm@chatsworthcommunications.com

Source: FXCM

FAQ

What is the trading rank of Alibaba (BABA) for July 2023?

Alibaba (BABA) ranked second among the most traded single shares in July 2023.

How did FXCM's stock basket rankings change in July 2023?

The FAANG stock basket remained the most traded, while the US e-commerce basket jumped four places to sixth.

Which company topped the trading volume for single shares in July 2023?

Tesla topped the trading volume for single shares in July 2023.

What was the impact of recession on trading activities reported by FXCM?

Recession concerns continued to influence trading activities and preferences among FXCM traders.