September Trading Activity on the Rise at GAIN Capital, Retail & Institutional up 30%

by Adil Siddiqui
  • Listed broker dealer, GAIN Capital, has seen a surge in activity in its retail FX unit in September on a YoY basis. Overall volumes in both the retail and institutional division were up 30% and 28% respectively.
September Trading Activity on the Rise at GAIN Capital, Retail & Institutional up 30%

Margin FX brokers pleasantly welcomed the spree of Volatility witnessed in September. Leading Multi-Asset provider of currency derivatives, GAIN Capital, a listed US-based broker has reported September volumes. The broker saw strong metrics across its units with a sharp rise in its retail FX unit.

Trading volumes have been affected by a last minute jump in volatility during the month coming on the back of key fundamental events impacting the market. GAIN Capital joins its peers in the derivatives sector announcing stronger than expected results.

Retail FX Figures

Retail OTC trading volume (1) of $238.9 billion, an increase of 30.4% from August 2014 and an increase of 83.9% from September 2013.

Average daily retail OTC trading volume of $10.9 billion, an increase of 24.4% from August 2014 and an increase of 75.5% from September 2013.

Active retail OTC accounts (2) of 93,779, an increase of 0.9% from August 2014 and a decrease of 9.8% from September 2013.

Futures contracts of 650,449, an increase of 26.9% from August 2014 and an increase of 77.3% from September 2013.

Average daily futures contracts of 29,566, an increase of 21.1% from August 2014 and an increase of 54.0% from September 2013.

Total funded accounts (3) of 132,021, an increase of 0.6% from August 2014 and an increase of 3.7% from September 2013.

Institutional FX Figures

Total institutional trading volume (4) of $441.5 billion, an increase of 28.1% from August 2014 and an increase of 58.3% from September 2013.

Average daily institutional volume of $20.1 billion, an increase of 22.3% from August 2014 and an increase of 51.1% from September 2013.

GTX trading volume (5) of $404.4 billion, an increase of 25.7% from August 2014 and an increase of 51.3% from September 2013.

Average daily GTX volume of $18.4 billion, an increase of 20.0% from August 2014 and an increase of 44.4% from September 2013.

Key:

1 U.S. dollar equivalent of notional amounts traded

2 Retail OTC accounts that executed a transaction during the last 12 months

3 Retail accounts that maintained a cash balance

4 U.S. dollar equivalent of notional amounts traded

5 U.S. dollar equivalent of notional amounts traded

Margin FX brokers pleasantly welcomed the spree of Volatility witnessed in September. Leading Multi-Asset provider of currency derivatives, GAIN Capital, a listed US-based broker has reported September volumes. The broker saw strong metrics across its units with a sharp rise in its retail FX unit.

Trading volumes have been affected by a last minute jump in volatility during the month coming on the back of key fundamental events impacting the market. GAIN Capital joins its peers in the derivatives sector announcing stronger than expected results.

Retail FX Figures

Retail OTC trading volume (1) of $238.9 billion, an increase of 30.4% from August 2014 and an increase of 83.9% from September 2013.

Average daily retail OTC trading volume of $10.9 billion, an increase of 24.4% from August 2014 and an increase of 75.5% from September 2013.

Active retail OTC accounts (2) of 93,779, an increase of 0.9% from August 2014 and a decrease of 9.8% from September 2013.

Futures contracts of 650,449, an increase of 26.9% from August 2014 and an increase of 77.3% from September 2013.

Average daily futures contracts of 29,566, an increase of 21.1% from August 2014 and an increase of 54.0% from September 2013.

Total funded accounts (3) of 132,021, an increase of 0.6% from August 2014 and an increase of 3.7% from September 2013.

Institutional FX Figures

Total institutional trading volume (4) of $441.5 billion, an increase of 28.1% from August 2014 and an increase of 58.3% from September 2013.

Average daily institutional volume of $20.1 billion, an increase of 22.3% from August 2014 and an increase of 51.1% from September 2013.

GTX trading volume (5) of $404.4 billion, an increase of 25.7% from August 2014 and an increase of 51.3% from September 2013.

Average daily GTX volume of $18.4 billion, an increase of 20.0% from August 2014 and an increase of 44.4% from September 2013.

Key:

1 U.S. dollar equivalent of notional amounts traded

2 Retail OTC accounts that executed a transaction during the last 12 months

3 Retail accounts that maintained a cash balance

4 U.S. dollar equivalent of notional amounts traded

5 U.S. dollar equivalent of notional amounts traded

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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