GAIN Capital Holdings Reports Record Retail Trading Volumes in January
GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its monthly trading volumes metrics for the month of January revealing a record setting month in January. The retail trading volumes segment of the company's report has set a new record high after a bout 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 Read this Term on the foreign exchange market last month.
Retail trading metrics surged 18.4% when compared to the previous month to $279.6 billion, marking a new record and a 30.3% from January 2014. Average daily retail OTC trading volumes totaled $13.3 billion, which was higher by 24.1% than in December 2014 and 36.5% than in January 2014.
Institutional trading volume surged to $451.1 billion, which is higher by 11.2% from December 2014 and but lower by 9.0% when compared to January 2014. The average daily institutional volume totaled $21.5 billion, which is higher by 16.4% than in December 2014 and lower by 4.7% from January 2014.
GTX trading volume marked $411.9 billion, which is up by 8.6% from December 2014 and a down 5.8% from January 2014. Average daily GTX volume was $19.6 billion, edging higher by 13.7% from December 2014, and remaining about flat when compared to January 2014.
Glenn Stevens, CEO of GAIN Capital commented in a statement, “Following an extraordinary month in the currency markets, GAIN Capital has emerged in a strong position to gain market share and deliver future growth in our retail business. Total funded accounts reached an all-time high of 135,430 in January, following a strong month in new client acquisition for our Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com brand as retail traders sought out a high quality broker following the SNB event on January 15th."
"We also saw a significant increase in client activity amid overall more favorable market conditions, with retail average daily volume growing 24% month-over-month to reach a record high in January. Additionally, our strong balance sheet provides important financial flexibility, with funds significantly in excess of our regulatory capital requirements at January 31, 2015, meaning we are well capitalized and have the resources to pursue further growth,” Mr Stevens concluded.
GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its monthly trading volumes metrics for the month of January revealing a record setting month in January. The retail trading volumes segment of the company's report has set a new record high after a bout 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 Read this Term on the foreign exchange market last month.
Retail trading metrics surged 18.4% when compared to the previous month to $279.6 billion, marking a new record and a 30.3% from January 2014. Average daily retail OTC trading volumes totaled $13.3 billion, which was higher by 24.1% than in December 2014 and 36.5% than in January 2014.
Institutional trading volume surged to $451.1 billion, which is higher by 11.2% from December 2014 and but lower by 9.0% when compared to January 2014. The average daily institutional volume totaled $21.5 billion, which is higher by 16.4% than in December 2014 and lower by 4.7% from January 2014.
GTX trading volume marked $411.9 billion, which is up by 8.6% from December 2014 and a down 5.8% from January 2014. Average daily GTX volume was $19.6 billion, edging higher by 13.7% from December 2014, and remaining about flat when compared to January 2014.
Glenn Stevens, CEO of GAIN Capital commented in a statement, “Following an extraordinary month in the currency markets, GAIN Capital has emerged in a strong position to gain market share and deliver future growth in our retail business. Total funded accounts reached an all-time high of 135,430 in January, following a strong month in new client acquisition for our Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com brand as retail traders sought out a high quality broker following the SNB event on January 15th."
"We also saw a significant increase in client activity amid overall more favorable market conditions, with retail average daily volume growing 24% month-over-month to reach a record high in January. Additionally, our strong balance sheet provides important financial flexibility, with funds significantly in excess of our regulatory capital requirements at January 31, 2015, meaning we are well capitalized and have the resources to pursue further growth,” Mr Stevens concluded.