GAIN Capital Keeps up the June Positive Vibe with Double Digit Growth in Trading Volumes
- Leading FX and CFD broker, GAIN Capital, has kept up a courageous sentiment in the world of FX trading volumes as it announced upbeat trading metrics for the month of June in both retail and institutional segments.
GAIN Capital, a leading listed FX and CFD broker has announced positive trading volumes in its retail and institutional divisions for the month of June. Among the industry's leading players June has been somewhat of a summer gift as metrics have been increasing month on month and in some cases venues broke new records.
The New Jersey based broker saw average daily retail OTC trading volume of $7.7 billion, an increase of 10.3% MoM and an increase of 63.4% YoY. In its institutional division; the broker saw average daily institutional volume of $18.4 billion, an increase of 10.3% MoM and an increase of 137.2% YoY.
GAIN's institutional division GTX is starting to gain traction in the fragmented ECN space as volumes are nearing the $20 billion a day mark, overall volumes have been reaching new records at venues such as Reuters and FXall.
GAIN Capital’s share price is trading at $6.22 in New York.
Retail metrics
- Retail OTC trading volume of $154.8 billion, a decrease of 4.1% from May 2013 and an increase of 55.6% from June 2012.
- Average daily retail OTC trading volume of $7.7 billion, an increase of 10.3% from May 2013 and an increase of 63.4% from June 2012.
- Active retail OTC accounts of 64,144, an increase of 0.2% from May 2013 and an increase of 3.9% from June 2012.
- Futures Daily Average Revenue Trades (DARTs) of 15,167, an increase of 13.8% from May 2013.
- Total funded accounts of 96,977, a decrease of 3.7 % from May 2013 and an increase of 30.0% from June 2012.
- Total retail customer assets of $475.6 million, an increase of 1.9% from May 2013 and an increase of 48.5% from June 2012.
Institutional metrics
- Total institutional trading volume of $367.2 billion, a decrease of 4.1% from May 2013 and an increase of 172.5% from June 2012.
- Average daily institutional volume of $18.4 billion, an increase of 10.3% from May 2013 and an increase of 137.2% from June 2012.
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 is repeated as the X- Factor behind the upbeat trading volumes in 2013, markets are expected to continue this volatile trend in Q3. "This is likely to be a pivotal quarter for financial markets. The prospect of an end to stimulus from the Federal Reserve may carry huge ramifications for the direction of prices in equity, FX and commodity markets," said Kathleen Brooks, Research Director, 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 .com in a statement.
GAIN Capital, a leading listed FX and CFD broker has announced positive trading volumes in its retail and institutional divisions for the month of June. Among the industry's leading players June has been somewhat of a summer gift as metrics have been increasing month on month and in some cases venues broke new records.
The New Jersey based broker saw average daily retail OTC trading volume of $7.7 billion, an increase of 10.3% MoM and an increase of 63.4% YoY. In its institutional division; the broker saw average daily institutional volume of $18.4 billion, an increase of 10.3% MoM and an increase of 137.2% YoY.
GAIN's institutional division GTX is starting to gain traction in the fragmented ECN space as volumes are nearing the $20 billion a day mark, overall volumes have been reaching new records at venues such as Reuters and FXall.
GAIN Capital’s share price is trading at $6.22 in New York.
Retail metrics
- Retail OTC trading volume of $154.8 billion, a decrease of 4.1% from May 2013 and an increase of 55.6% from June 2012.
- Average daily retail OTC trading volume of $7.7 billion, an increase of 10.3% from May 2013 and an increase of 63.4% from June 2012.
- Active retail OTC accounts of 64,144, an increase of 0.2% from May 2013 and an increase of 3.9% from June 2012.
- Futures Daily Average Revenue Trades (DARTs) of 15,167, an increase of 13.8% from May 2013.
- Total funded accounts of 96,977, a decrease of 3.7 % from May 2013 and an increase of 30.0% from June 2012.
- Total retail customer assets of $475.6 million, an increase of 1.9% from May 2013 and an increase of 48.5% from June 2012.
Institutional metrics
- Total institutional trading volume of $367.2 billion, a decrease of 4.1% from May 2013 and an increase of 172.5% from June 2012.
- Average daily institutional volume of $18.4 billion, an increase of 10.3% from May 2013 and an increase of 137.2% from June 2012.
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 is repeated as the X- Factor behind the upbeat trading volumes in 2013, markets are expected to continue this volatile trend in Q3. "This is likely to be a pivotal quarter for financial markets. The prospect of an end to stimulus from the Federal Reserve may carry huge ramifications for the direction of prices in equity, FX and commodity markets," said Kathleen Brooks, Research Director, 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 .com in a statement.