GAIN Capital Volumes Rise Sharply in November

by Victor Golovtchenko
  • GAIN Capital’s trading volumes have increased materially in November in line with the rest of the industry.
GAIN Capital Volumes Rise Sharply in November
Bloomberg

Trading volumes at foreign Exchange and CFDs brokerage GAIN Capital have increased materially in November. The Retail Trading numbers on the over-the-counter (OTC) market increased 28.5 percent on a monthly basis to

$11.7 billion daily. The figure was also higher than a year ago by 3.9 percent.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

The election boost has been widely expected and the main question for the industry is whether the bounce in trading volumes can be a sustained one.

Looking at the total numbers, the performance of the OTC unit of GAIN Capital marked an increase of 34.7 percent when compared to October. The $257 billion number was also higher by 8.9 percent when compared to last year’s performance of the unit.

The total number of active accounts remained more or less flat at 131,134. The figure was lower by 11.9 percent from November 2015.

Institutional Metrics

Looking at the institutional market, the average transacted via the company’s ECN GTX was $10.3 billion. The figure was an increase of 18.9 percent from October 2016 and a whopping 61.9 percent rise when compared to November 2015.

The total volume was $227.5 billion, which is higher by 24.6 percent from October 2016 and by 69.6 percent from November 2015. The Swap Dealer (SD) facility’s average daily volume totaled $4.0 billion. The number was higher by 44.1 percent when compared to October 2016 and by 5.3 percent when compared to November 2015.

Looking at the total volume figures, SD volumes totaled $88.2 billion. The results were higher by 50.9 percent when compared to October 2016 and by 10.3 percent when compared to November last year.

Futures Metrics

The number of average daily contracts traded via GAIN Capital totaled 32,920 in November. The figure was higher by 16.4 percent when compared to October 2016 and by 16.0 percent when compared to November 2015.

The number of futures contracts was 691,324. The figure was an increase of 16.4 percent when compared to October 2016 and by 21.8 percent when compared to November 2015. The number of active futures accounts was 8,457, a tiny decline of 0.7 percent when compared to October 2016 and by 3.7 percent when compared to November 2015.

Trading volumes at foreign Exchange and CFDs brokerage GAIN Capital have increased materially in November. The Retail Trading numbers on the over-the-counter (OTC) market increased 28.5 percent on a monthly basis to

$11.7 billion daily. The figure was also higher than a year ago by 3.9 percent.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

The election boost has been widely expected and the main question for the industry is whether the bounce in trading volumes can be a sustained one.

Looking at the total numbers, the performance of the OTC unit of GAIN Capital marked an increase of 34.7 percent when compared to October. The $257 billion number was also higher by 8.9 percent when compared to last year’s performance of the unit.

The total number of active accounts remained more or less flat at 131,134. The figure was lower by 11.9 percent from November 2015.

Institutional Metrics

Looking at the institutional market, the average transacted via the company’s ECN GTX was $10.3 billion. The figure was an increase of 18.9 percent from October 2016 and a whopping 61.9 percent rise when compared to November 2015.

The total volume was $227.5 billion, which is higher by 24.6 percent from October 2016 and by 69.6 percent from November 2015. The Swap Dealer (SD) facility’s average daily volume totaled $4.0 billion. The number was higher by 44.1 percent when compared to October 2016 and by 5.3 percent when compared to November 2015.

Looking at the total volume figures, SD volumes totaled $88.2 billion. The results were higher by 50.9 percent when compared to October 2016 and by 10.3 percent when compared to November last year.

Futures Metrics

The number of average daily contracts traded via GAIN Capital totaled 32,920 in November. The figure was higher by 16.4 percent when compared to October 2016 and by 16.0 percent when compared to November 2015.

The number of futures contracts was 691,324. The figure was an increase of 16.4 percent when compared to October 2016 and by 21.8 percent when compared to November 2015. The number of active futures accounts was 8,457, a tiny decline of 0.7 percent when compared to October 2016 and by 3.7 percent when compared to November 2015.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3423 Articles
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About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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