GAIN Capital Holdings has been in the spotlight as of late, having reported uneven financial metrics to start out the 2014 year – alternatively, investors have been the prime beneficiaries of the company stock.
GAIN Capital Holdings (GCAP) has been in the spotlight as of late, having reported uneven financial metrics to start out the 2014 year – alternatively, investors have been the prime beneficiaries of the company stock, whose shares have notched robust gains in recent months.
New Jersey-based GAIN Capital is a leading provider of financial services, including Forex, CFDs and ETFs for a multitude of retail clients. The company recently reported its February operating metrics, which underscored acute drops across retail and institutional volumes (-20% and -16% MoM respectively). This report comes on the heels of an already released Q4 statement that was characterized as executing healthy growth across the board – a notable accomplishment for the company given the fact that currency Volatility sits at 5-year lows.
YoY Performance Indicative of Staunch Growth
However, there are a variety of perspectives of the company’s metrics across different vantage points, i.e. YoY, MoM, or stock performance. To begin, the 2013 year was viewed as a strong year for GAIN Capital, headlined by a 60.8% increase in trading revenue in the year ending December 31, 2013 ($205.1 million from $127.5 million in 2012) – alternatively, net revenue soared 76% over this same time frame ($266.4 million vs. 151.4 million YoY).
According to Glenn Stevens, CEO of GAIN Capital, in a statement on the YoY metrics, “One of our primary objectives was to continue to grow the company and have consolidation and acquisition be part of that strategy. 2013 gave out the successful acquisition of GFT that significantly increased GAIN’s product offering and scale, and most importantly, the operating synergies that we model into that acquisition are absolutely on track and some case ahead of schedule.”
Large gains were not simply localized to revenues, but also across retail and institutional volumes for the 2013 year as well. The paramount constituent of retail volume – OTC Trading volume – witnessed a surge of 70% YoY ($508.0 billion compared with $298.8 billion YoY). Moreover, total institutional volumes also netted sterling growth during the 2013 calendar year, led by an increase of 105% YoY ($1104.0 billion vs. $538.4 billion in the year ending 2012).
February Metrics Disappoint, 2014 Year Reveals Checkered Results
After a highly successful start to the 2014 year that showed January trading and institutional volumes explode 40% and 30% respectively MoM, February put a damper on staunch growth margins. Per the results of a recent February release from GAIN Capital, retail volumes yielded a retreat of -20.3% MoM, having posted just $169.3 billion during the month of February. Furthermore, total institutional trading volume was reported at just $412.7 billion during the month of February, a decrease of -16.4% MoM.
The Real Winners: Shareholders
Amid fluctuations in trading volumes and revenues recently, the one constant exhibited across the board has been in highly robust share prices in the company’s stock (GCAP). Having risen out of the doldrums at a 52-week low of just $3.97 per share, share prices now trade at $10.55. Year-to-date, shares have also exploded 40.5% after starting off 2014 with a valuation of $7.51 per share.
Despite the recent rise in fortunes and February metrics that leave a lot to be desired, the company is still rated a strong buy by several analysts, including Zacks. According to Forex Magnates' research, GCAP is nearly 38% below its 52-week high of $14.62 reported last September leaving healthy room for growth.
GAIN Capital Holdings (GCAP) has been in the spotlight as of late, having reported uneven financial metrics to start out the 2014 year – alternatively, investors have been the prime beneficiaries of the company stock, whose shares have notched robust gains in recent months.
New Jersey-based GAIN Capital is a leading provider of financial services, including Forex, CFDs and ETFs for a multitude of retail clients. The company recently reported its February operating metrics, which underscored acute drops across retail and institutional volumes (-20% and -16% MoM respectively). This report comes on the heels of an already released Q4 statement that was characterized as executing healthy growth across the board – a notable accomplishment for the company given the fact that currency Volatility sits at 5-year lows.
YoY Performance Indicative of Staunch Growth
However, there are a variety of perspectives of the company’s metrics across different vantage points, i.e. YoY, MoM, or stock performance. To begin, the 2013 year was viewed as a strong year for GAIN Capital, headlined by a 60.8% increase in trading revenue in the year ending December 31, 2013 ($205.1 million from $127.5 million in 2012) – alternatively, net revenue soared 76% over this same time frame ($266.4 million vs. 151.4 million YoY).
According to Glenn Stevens, CEO of GAIN Capital, in a statement on the YoY metrics, “One of our primary objectives was to continue to grow the company and have consolidation and acquisition be part of that strategy. 2013 gave out the successful acquisition of GFT that significantly increased GAIN’s product offering and scale, and most importantly, the operating synergies that we model into that acquisition are absolutely on track and some case ahead of schedule.”
Large gains were not simply localized to revenues, but also across retail and institutional volumes for the 2013 year as well. The paramount constituent of retail volume – OTC Trading volume – witnessed a surge of 70% YoY ($508.0 billion compared with $298.8 billion YoY). Moreover, total institutional volumes also netted sterling growth during the 2013 calendar year, led by an increase of 105% YoY ($1104.0 billion vs. $538.4 billion in the year ending 2012).
February Metrics Disappoint, 2014 Year Reveals Checkered Results
After a highly successful start to the 2014 year that showed January trading and institutional volumes explode 40% and 30% respectively MoM, February put a damper on staunch growth margins. Per the results of a recent February release from GAIN Capital, retail volumes yielded a retreat of -20.3% MoM, having posted just $169.3 billion during the month of February. Furthermore, total institutional trading volume was reported at just $412.7 billion during the month of February, a decrease of -16.4% MoM.
The Real Winners: Shareholders
Amid fluctuations in trading volumes and revenues recently, the one constant exhibited across the board has been in highly robust share prices in the company’s stock (GCAP). Having risen out of the doldrums at a 52-week low of just $3.97 per share, share prices now trade at $10.55. Year-to-date, shares have also exploded 40.5% after starting off 2014 with a valuation of $7.51 per share.
Despite the recent rise in fortunes and February metrics that leave a lot to be desired, the company is still rated a strong buy by several analysts, including Zacks. According to Forex Magnates' research, GCAP is nearly 38% below its 52-week high of $14.62 reported last September leaving healthy room for growth.
CFI Obtains Regulatory Approval for South African Operations
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔