GAIN Capital’s GTX Marks Steady July
- Trading volumes transacted via GTX remained steady despite a typical summer slowdown
GAIN Capital marked a month of steady performance during the first month of the typical summer lull that encompasses the FX industry in July and August. The seasonal factors have been partially offset by the poor performance of the US dollar, which triggered a sustained decline in the value of the dollar index.
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 has been focused on key events with the most notable trading days being centered on central bank announcements by the US Fed, the European Central Bank and the Bank of Canada surprise rate hike.
Trading volumes transacted via GAIN Capital’s GTX ECN and SEF facilities totaled $211.3 billion in July. The figure was higher by 22 percent year-on-year and lower by 11 percent when compared to June. The monthly decline was offset by the voice Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Swap Dealer platform of the company where volumes spiked 79 percent higher to $57.3 billion.
The total for the month was therefore about flat when compared to June, marking $268.6 billion. Average daily trading volumes metrics have actually increased by 4 percent month-on-month and 20 percent year-on-year to $12.8 billion daily.
Looking ahead, August could prove to be a positive month for brokers and ECNs alike as volatility in US dollar pairs appears to be on the rise. Pockets of volatility are expected to be centered around the ongoing political turmoil of the Trump administration and central bankers speeches in Jackson Hole. Some analysts are expecting the event to be used by ECB chief Mario Draghi to signal the beginning of the end of unconventional monetary policy, which could be a major trigger for further volatility.
GAIN Capital marked a month of steady performance during the first month of the typical summer lull that encompasses the FX industry in July and August. The seasonal factors have been partially offset by the poor performance of the US dollar, which triggered a sustained decline in the value of the dollar index.
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 has been focused on key events with the most notable trading days being centered on central bank announcements by the US Fed, the European Central Bank and the Bank of Canada surprise rate hike.
Trading volumes transacted via GAIN Capital’s GTX ECN and SEF facilities totaled $211.3 billion in July. The figure was higher by 22 percent year-on-year and lower by 11 percent when compared to June. The monthly decline was offset by the voice Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Swap Dealer platform of the company where volumes spiked 79 percent higher to $57.3 billion.
The total for the month was therefore about flat when compared to June, marking $268.6 billion. Average daily trading volumes metrics have actually increased by 4 percent month-on-month and 20 percent year-on-year to $12.8 billion daily.
Looking ahead, August could prove to be a positive month for brokers and ECNs alike as volatility in US dollar pairs appears to be on the rise. Pockets of volatility are expected to be centered around the ongoing political turmoil of the Trump administration and central bankers speeches in Jackson Hole. Some analysts are expecting the event to be used by ECB chief Mario Draghi to signal the beginning of the end of unconventional monetary policy, which could be a major trigger for further volatility.