GAIN Capital’s Institutional Unit GTX Posts April Trading Volumes
- GAIN Capital's GTX unit reports consistent ECN volumes, swap dealer activity declines.
Total trading volumes at GAIN Capital institutional unit GTX have decreased in the month of April. Pockets of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders have caused increased activity on select days, but overall the currency markets remained subdued and confined to range trading for the most part of last month.
GTX reported a total of $280.7 billion changing hands during the month. The number is higher by 21 percent when compared to a year ago and lower by 17 percent when compared to March 2017. The average daily volume totalled $14 billion daily, which is 5 percent lower when compared to last month and 27 percent higher than in April 2016.
The company’s Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki ) andSwap Execution Facility (SEF) accounted for $230.5 billion, which comes to $11.5 billion daily. The total figure is higher by 41 percent when compared to a year ago and lower by 15 percent when compared to March 2017. The average daily volume number declined only 2 percent month-on-month and increased 48 percent when compared to April 2016.
GTX also reported the numbers for GAIN’s institutional unit swap dealer facility. Trading declined 26 percent month-on-month to $50.2 billion, a number that is also lower year-on-year by 28 percent.
Total trading volumes at GAIN Capital institutional unit GTX have decreased in the month of April. Pockets of Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders have caused increased activity on select days, but overall the currency markets remained subdued and confined to range trading for the most part of last month.
GTX reported a total of $280.7 billion changing hands during the month. The number is higher by 21 percent when compared to a year ago and lower by 17 percent when compared to March 2017. The average daily volume totalled $14 billion daily, which is 5 percent lower when compared to last month and 27 percent higher than in April 2016.
The company’s Electronic Communications Network (ECN) Electronic Communications Network (ECN) Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki Electronic Communications Network or ECNs are execution venues which are providing the infrastructure for matching buyers with sellers. Electronic trading is traditionally used in OTC products and outside of exchanges. An ECN normally functions as an electronic system that disseminates orders entered by market makers to third parties. In doing so, an ECN permits the orders to be executed against in whole or in part. The most common products that are traded on ECNs are stocks and currencies, maki ) andSwap Execution Facility (SEF) accounted for $230.5 billion, which comes to $11.5 billion daily. The total figure is higher by 41 percent when compared to a year ago and lower by 15 percent when compared to March 2017. The average daily volume number declined only 2 percent month-on-month and increased 48 percent when compared to April 2016.
GTX also reported the numbers for GAIN’s institutional unit swap dealer facility. Trading declined 26 percent month-on-month to $50.2 billion, a number that is also lower year-on-year by 28 percent.