GAIN Capital Reports Upbeat Retail and Institutional Volumes in August 2017

GAIN Capital’s retail OTC trading volume was reported at $237.7 billion, good for an increase of 16.2 percent MoM.

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.

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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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