GAIN Capital’s Retail, Institutional Volumes Fall Sharply Across the Board

Retail volumes were amongst the hardest hit in May, falling double digits.

GAIN Capital Holdings, Inc. (NYSE: GCAP) has released its volumes for the month ending May 2016, having had its retail business take a dive MoM in what has become an industry wide trend, according to a GAIN statement.

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During May 2016, GAIN Capital’s retail OTC trading volume was reported at $223.4 billion, incurring a MoM fall of -12.7% MoM from $255.8 million in April 2016. Across a yearly timeframe however, May 2016 showed a similar picture, nose-diving by -38.7% YoY from May 2015.

GAIN-Capital's-Volumes-(In-Billion-$)

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Furthermore, the average daily retail OTC trading volume during May 2016 came in at $10.2 billion, falling -16.4% MoM from $12.2 billion in April 2016, coupled with a -41.5% YoY plunge from May 2015. Finally, active retail OTC accounts were numbered at 138,955 in May 2016, inching lower by a factor of -1.0% MoM rise from 140,286 in April 2016.

Institutional Business Undergoes Similar Decline

In terms of its institutional metrics, GTX total trading volume was reported at $151.5 billion, justifying a move lower of -7.2% MoM from $163.2 billion in April 2016 – by extension, the latest figures were indicative of a fall of only -2.0% YoY from May 2015.

Moreover, ECN average daily institutional volume at GTX came in at $6.9 billion during May 2016, reflective of a decline of -11.5% MoM from $7.8 billion in April 2016 and -6.5% YoY from May 2015.

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