GAIN Capital Posts Metrics For October: Retail ADVs Up, Institutional ADVs Down

GAIN Capital has today announced its monthly metrics for October 2013, with an increase of 43.3% MoM in total retail

Today, GAIN Capital released its monthly metrics for October 2013, which display an increase of retail FX trading volume to $186.2 billion, a remarkable 43.3%  increase compared with last month, and somewhat of an exception to the dwindling volumes which are being experienced within a number of FX companies during the third quarter of this year.

High Retail ADVs Buck Trend

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GAIN Capital is one of the United States’ remaining contenders in the retail FX sector which continues to demonstrate strong results, and close inspection of the company’s overall performance during the third quarter of this year, shows contributing factors to the company’s appreciating share prices.


Having completed its acquisition of GFT during September, October’s results qualify as the first full reporting period during which trading activity from the now unified entity has been measured.

In terms of average daily volumes (ADV), the company has reported a retail OTC trading volume of $8.1 billion, an increase of 30.6% from September 2013, and an increase of 88.4% from October 2012.

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The total number of active retail OTC accounts for October weighed in at 105,311, a decrease of 0.2% from September 2013, but representing an increase of 78.9% from the number of accounts during October 2012.

Futures Daily Average Revenue Trades (DARTs) were 15,834, an increase of 39.5% from September 2013, and an increase of 22.7% from October 2012, and the total number of funded accounts for October this year stood at 132,386, an increase of 1.0% from September 2013, and an increase of 61.0% from October 2012.

Institutional FX ADVs On The Wane

Despite strong performance from retail trading activity, ADVs on the institutional side of GAIN Capital’s business have begun to echo the overall decrease in performance which is making its presence felt industry-wide.

Whilst the total institutional trading volume has increased by 4.3% to $291.billion when compared with September this year, ADVs were down 4.5% in October over those of September this year, resulting in an average of $12.7 billion in daily trading volume.

Indeed, GAIN Capital’s total institutional volume for October 2013, when compared with the same period last year shows an increase of 66.4%, and ADVs are higher year-on-year by 67.1% as testimony to 2012’s slow performance across all sectors of the FX industry.

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