GAIN Capital Holdings, Inc. (NYSE: GCAP) has just reported trading volumes of its institutional business for the month ending March 2017, having largely shown a strong performance across ECN, SEF and SD facilities, according to a GAIN statement.
For the month of March, average daily volumes (ADV) at GAIN Capital’s GTX ECN and Swap Execution Facility (SEF) was reported at $11.8 billion, good for a modest increase of 7 percent month-on-month from $11.0 billion in February 2017. Across a yearly timeframe, March 2017 showed a more substantial jump of 61.0 percent year-on-year from March 2016.
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Additionally, total trading volumes during the third month of 2017 came in at $271.6 billion, rising 23.0 percent from $221.6 billion in the month prior, coupled with a 61.0 percent surge year-on-year from the figures of a year ago.
Finally, the average daily trading volume across the company’s swap dealer (SD) facility amounted to $2.4 billion last month, incurring a decline of -20.0 percent month-on-month from $3.0 billion in February 2017. Conversely, this monthly drop was offset by a 5.0 percent rise year-on-year from March 2016.