GAIN Capital Reports Higher Retail Volumes in November, ‎Yet Lower YoY

GAIN Capital’s retail OTC trading volume was reported at $207.0 billion‎.

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

In particular, GAIN Capital’s retail OTC trading volume was reported at $207.0 billion, an increase of 7.5 percent month-on-month compared to $192.5 billion in October 2017. Across a yearly timeframe, however, the figure showed a different picture, shedding 19.5 percent from $257.0 billion reported back in November 2016.

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Furthermore, the average daily retail OTC trading volume during November 2017 came in at $9.4 billion, up 6.8 percent month-on-month from $8.8 billion in the prior month, but this increase was coupled with a 19.7 percent drop year-on-year from $11.7 billion in the year ago.

The metrics of active retail OTC accounts were flat, numbering 131,825 as of November 30, 2017, inching slightly down by a factor of 1.3 percent relative to a month ago, and up by 2.7 percent relative to October 2017.

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In terms of its institutional metrics, ECN average daily institutional volume at GTX came in at $12.2 billion during November 2017, reflective of an advance of 7 percent from $11.4 billion in October 2017. Across a yearly timeframe, November 2017 showed a more substantial jump of 18.4 percent year-over-year from $10.3 billion in November 2016.

Finally, GAIN’s futures average daily contracts were reported at 27,730 during November 2017, up 16.3 percent month-on-month from 23,847 contracts set back in October 2017. This figure was offset by a 15.8 percent year-over-year drop.

On a related note, active futures accounts dropped to 7,885 during the previous month, down 1.1 percent from 7,973 in October 2017 and also lower by 6.8 percent compared to November 2016.


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