GAIN Capital Reports Upbeat Retail and Institutional Volumes in August 2017

by Aziz Abdel-Qader
  • GAIN Capital’s retail OTC trading volume was reported at $237.7 billion, good for an increase of 16.2 percent MoM.
GAIN Capital Reports Upbeat Retail and Institutional Volumes in August 2017
Bloomberg, GAIN Capital's CEO Glenn Stevens
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GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its volumes for the month ending August 2017, having undergone a strong performance across both its retail and institutional business, according to a GAIN statement.

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In particular, GAIN Capital’s retail OTC trading volume was reported at $237.7 billion, an increase of 16.2 percent month-on-month compared to $204.5 billion July 2017. Across a yearly timeframe, the figure showed a similar picture, ticking up 23.9 percent from August 2016.

Furthermore, the average daily retail OTC trading volume during August 2017 came in at $10.3 billion, up 6.2 percent month-on-month from $9.7 billion in the prior month, coupled with a 24.1 percent rise year-on-year from $8.3 billion in the year ago.

The metrics of active retail OTC accounts were flat, numbering 133,965 as of August 31, 2017, inching slightly higher by a factor of 1.2 percent relative to a year ago, and also up by the same percentage relative to July 2017.

In terms of its institutional metrics, ECN average daily institutional volume at GTX came in at $12.2 billion during August 2017, reflective of an advance of 20.8 percent from $10.1 billion in July 2017. Across a yearly timeframe, August 2017 showed a more substantial jump of 87.7 percent year-over-year from $8.1 billion in August 2016.

Finally, GAIN’s futures average daily contracts were reported at 24,699 during August 2017, up 4.6 percent month-on-month from 23,607 contracts set back in July 2017. This figure was offset by a 12.6 percent year-over-year drop.

On a related note, active futures accounts rose to 8,055 during the previous month, up 0.7 percent from 7,996 in July 2017 but again down 6.7 percent compared to August 2016.

GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its volumes for the month ending August 2017, having undergone a strong performance across both its retail and institutional business, according to a GAIN statement.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

[gptAdvertisement]

In particular, GAIN Capital’s retail OTC trading volume was reported at $237.7 billion, an increase of 16.2 percent month-on-month compared to $204.5 billion July 2017. Across a yearly timeframe, the figure showed a similar picture, ticking up 23.9 percent from August 2016.

Furthermore, the average daily retail OTC trading volume during August 2017 came in at $10.3 billion, up 6.2 percent month-on-month from $9.7 billion in the prior month, coupled with a 24.1 percent rise year-on-year from $8.3 billion in the year ago.

The metrics of active retail OTC accounts were flat, numbering 133,965 as of August 31, 2017, inching slightly higher by a factor of 1.2 percent relative to a year ago, and also up by the same percentage relative to July 2017.

In terms of its institutional metrics, ECN average daily institutional volume at GTX came in at $12.2 billion during August 2017, reflective of an advance of 20.8 percent from $10.1 billion in July 2017. Across a yearly timeframe, August 2017 showed a more substantial jump of 87.7 percent year-over-year from $8.1 billion in August 2016.

Finally, GAIN’s futures average daily contracts were reported at 24,699 during August 2017, up 4.6 percent month-on-month from 23,607 contracts set back in July 2017. This figure was offset by a 12.6 percent year-over-year drop.

On a related note, active futures accounts rose to 8,055 during the previous month, up 0.7 percent from 7,996 in July 2017 but again down 6.7 percent compared to August 2016.

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