GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its monthly volumes for Q1 2018, having seen its metrics rise across the board on a yearly basis in terms of its retail and institutional business.
The first three months of the year featured an uptick in trading activity, helped by volatility induced by the US Federal Reserve as policy changes helped kindle markets, which had been lacking definitive drivers relative to the previous quarter.
During Q1 2018, GAIN Capital’s retail OTC trading volume was reported at $795.4 billion, securing a growth of 28 percent year-over-year from $619.3 billion in Q1 2017.
Average daily retail OTC trading volumes during Q1 2018 came in at $12.4 billion, climbing 30 percent year-over-year from $9.5 billion in the same three-month period a year ago.
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Trailing active accounts in the retail segment totaled 78,68 in three months through March 2018, which is lower 5.4 percent on a yearly basis from 83,145 accounts in Q1 2017.
In terms of its institutional metrics, GTX total trading volume rose to $945.6 billion during the reported period, a healthy jump of 25 percent from $759.6 billion in the first quarter 2017.
Furthermore, ECN average daily institutional volume at GTX came in at $14.8 billion during the January-to-March quarter, correlating to a 27 percent advance year-over-year from $11.7 billion in Q1 2017.
Finally, GAIN’s futures average daily contracts were reported at 35,414 during Q1 2018, up 6.6 percent year-over-year from 33,236 contracts in a comparable period.