GAIN Capital’s Institutional Unit GTX Reports Mixed Volumes for September
- August was characterised by strong volumes but September 2017 saw a less upbeat turnover of $341.7 billion.
GAIN Capital’s institutional unit GTX has just reported its monthly turnover for September 2017, which saw its overall figures notch a slight month-over-month growth in terms of its average daily volume (ADV). Total turnover failed to build on last month’s healthy gains, ultimately showing a flat performance on lower 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 and a shortened trading schedule in September.
Whereas August was characterised by strong volumes which showed GTX’s ECN, SEF and swap dealer facilities transacting $357.7 billion, up 32 percent relative to the month prior, September 2017 saw a less upbeat turnover of $341.7 billion. Across a yearly interval, however, this figure is higher by 35 percent on a year-over-year basis from September 2016.
Additionally, the average daily volume (ADV) in September 2017 totaled $16.3 billion per day, which is 5.0 percent higher relative to $15.5 billion in August 2017. Looking over a yearly timetable, GTX’s ADV jumped by 41.0 percent on a year-over-year basis.
The largest loss at GTX in September 2017 were seen across swap dealing, which shed 19.0 percent month-over-month to $62.8 billion – the decline in ADV was slightly better, dropping by 11.0 percent compared to the previous month. This loss was inverted however across ECN + SEF segments, as GTX’s secured a gain of 50 percent from a year ago, while its ADV also rose by 9.0 percent month-over-month.
GAIN Capital’s institutional unit GTX has just reported its monthly turnover for September 2017, which saw its overall figures notch a slight month-over-month growth in terms of its average daily volume (ADV). Total turnover failed to build on last month’s healthy gains, ultimately showing a flat performance on lower 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 and a shortened trading schedule in September.
Whereas August was characterised by strong volumes which showed GTX’s ECN, SEF and swap dealer facilities transacting $357.7 billion, up 32 percent relative to the month prior, September 2017 saw a less upbeat turnover of $341.7 billion. Across a yearly interval, however, this figure is higher by 35 percent on a year-over-year basis from September 2016.
Additionally, the average daily volume (ADV) in September 2017 totaled $16.3 billion per day, which is 5.0 percent higher relative to $15.5 billion in August 2017. Looking over a yearly timetable, GTX’s ADV jumped by 41.0 percent on a year-over-year basis.
The largest loss at GTX in September 2017 were seen across swap dealing, which shed 19.0 percent month-over-month to $62.8 billion – the decline in ADV was slightly better, dropping by 11.0 percent compared to the previous month. This loss was inverted however across ECN + SEF segments, as GTX’s secured a gain of 50 percent from a year ago, while its ADV also rose by 9.0 percent month-over-month.