Glenn Stevens Acknowledges Pick-Up in Activity Since the Start of 2018
- The revival of volatility across a multitude of asset classes spells a solid start to 2018
The brokerage industry is thriving during times of high market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term as interest on behalf of traders increases. The trading volumes reported by brokers and ECNs worldwide in the first month of the year are confirming that the market is shifting gears, as more activity is driving brokerage revenues higher.
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The latest confirmation of the shift in the market comes from the CEO of GAIN Capital Glenn Stevens. He commented on the current market environment while presenting at the Credit Suisse 19th Annual Financial Services Forum.
"It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets is leading customers to consider alternative trading venues," the CEO of the parent of Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com and City Index said.
Elaborating on the first monthly volumes report from GAIN Capital for the year, Mr Stevens, added: "As evidenced in our January 2018 monthly metrics report, client engagement has been strong in the early part of the year, with retail OTC and institutional average daily volume up 38 percent and 33 percent, respectively, over the same metrics in December."
"While macroeconomic uncertainty and increased market speculation creates a positive operating environment for GAIN, we remain focused on positioning the Company for growth in both low and high volatility markets," the CEO of GAIN concluded.
Market ranges across major asset classes have widened in recent weeks as daily moves in FX are materially bigger than throughout 2017. The stock market's turmoil in the last two weeks, is adding even more heat to the volatility story.
The brokerage industry is thriving during times of high market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term as interest on behalf of traders increases. The trading volumes reported by brokers and ECNs worldwide in the first month of the year are confirming that the market is shifting gears, as more activity is driving brokerage revenues higher.
Discover credible partners and premium clients at China’s leading finance event!
[gptAdvertisement]
The latest confirmation of the shift in the market comes from the CEO of GAIN Capital Glenn Stevens. He commented on the current market environment while presenting at the Credit Suisse 19th Annual Financial Services Forum.
"It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets is leading customers to consider alternative trading venues," the CEO of the parent of Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com and City Index said.
Elaborating on the first monthly volumes report from GAIN Capital for the year, Mr Stevens, added: "As evidenced in our January 2018 monthly metrics report, client engagement has been strong in the early part of the year, with retail OTC and institutional average daily volume up 38 percent and 33 percent, respectively, over the same metrics in December."
"While macroeconomic uncertainty and increased market speculation creates a positive operating environment for GAIN, we remain focused on positioning the Company for growth in both low and high volatility markets," the CEO of GAIN concluded.
Market ranges across major asset classes have widened in recent weeks as daily moves in FX are materially bigger than throughout 2017. The stock market's turmoil in the last two weeks, is adding even more heat to the volatility story.