Average Daily Retail OTC Trading Volumes at GAIN Capital Drop 7% in November

GAIN Capital Holdings Inc. (NYSE:GAIN) has just released its latest monthly trading volumes figures for the month of November. Retail OTC trading volume totalled $221 billion, which in nominal terms is lower by 19.2% when compared to last month but still 30.3% higher than a year ago.

The more accurate metric of average daily retail OTC trading volume was $11.1 billion, which is a more modest seven percent lower when compared to October, marking a year-on-year increase of 36.8%. The number of trading accounts totaled 94,543, which is an increase of 0.4% from last month.

In nominal terms, total Institutional Trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term volume was $391.2 billion, which is lower by 10.6% from last month and down nine percent from November, 2013. However, the average daily trading volume was $19.6 billion, which is an increase of 2.8% from October and a decrease of 4.5% year-on-year.

GTX trading volumes totalled $366.7 billion, which is lower by 7.8% from October and down 4.1% from November, 2013. Again, in average daily terms, GTX volume marked an increase by six percent to $18.3 billion.

Average daily futures contracts totalled 25,571 which is lower by 28% from October but still 20.6% higher than a year ago.