GAIN’s GTX ECN Shatters Multiple Trading Volumes Records

by Victor Golovtchenko
  • Massive volatility in the first month of the year is driving trading volumes across the industry sharply higher.
GAIN’s GTX ECN Shatters Multiple Trading Volumes Records
Bloomberg
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GTX, GAIN Capital’s Institutional Trading venue, has just reported the outcome of the first month of trading in 2018. The company crushed a series of records for total monthly, average daily and single-day trading volumes.

Discover credible partners and premium clients at China’s leading finance event!

The GTX ECN set an average daily volume record of $13.9 billion per day. The number is higher by about $600 million when compared to the previous record month of September 2017. The figure was also higher by 28 percent month-on-month and 15 percent year-on-year.

Total trading volumes via the GTX ECN netted $305 billion, which is over $20 billion higher than the previous record set in August 2017. The metrics were higher by 41 percent when compared to December 2017 and by 15 percent when compared to January 2017.

January 25th was the most active trading day on the records of GAIN Capital’s ECN, as almost $23 billion changed hands. The figure was higher by about $5 billion when compared to post-Brexit day on January 24th 2017.

While trading via the ECN was vibrant, the ECN’s records were offset by declines in swap dealer activity.

The total trading volumes for GTX in January, including the ECN, SEF and SD facilities were $361 billion. The figure was higher by 46 percent when compared to December 2017 and about flat when compared to January 2017.

GTX, GAIN Capital’s Institutional Trading venue, has just reported the outcome of the first month of trading in 2018. The company crushed a series of records for total monthly, average daily and single-day trading volumes.

Discover credible partners and premium clients at China’s leading finance event!

The GTX ECN set an average daily volume record of $13.9 billion per day. The number is higher by about $600 million when compared to the previous record month of September 2017. The figure was also higher by 28 percent month-on-month and 15 percent year-on-year.

Total trading volumes via the GTX ECN netted $305 billion, which is over $20 billion higher than the previous record set in August 2017. The metrics were higher by 41 percent when compared to December 2017 and by 15 percent when compared to January 2017.

January 25th was the most active trading day on the records of GAIN Capital’s ECN, as almost $23 billion changed hands. The figure was higher by about $5 billion when compared to post-Brexit day on January 24th 2017.

While trading via the ECN was vibrant, the ECN’s records were offset by declines in swap dealer activity.

The total trading volumes for GTX in January, including the ECN, SEF and SD facilities were $361 billion. The figure was higher by 46 percent when compared to December 2017 and about flat when compared to January 2017.

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