GAIN Capital Holdings (NYSE:GCAP) has just released its final monthly metrics for October 2014, showing another month of retail growth for the broker. The results are mixed however, as the broker was unable to reach the same institutional volume after the two-digit growth surge in September.
The October metrics are in line with GAIN Capital's announcement earlier this month, that retail trading volume increased by 16% to $605.4 billion in the third quarter of 2014. The numbers are also in line with what most of GAIN's competitors achieved during the month.
Retail Metrics
- Retail OTC trading volume of $273.4 billion, an increase of 14.4% from September 2014 and an increase of 45.2% from October 2013.
- Average daily retail OTC trading volume of $11.9 billion, an increase of 9.5% from September 2014 and an increase of 45.2% from October 2013.
- Active retail OTC accounts of 94,204, an increase of 0.5% from September 2014 and a decrease of 9.2% from October 2013.
- Futures contracts of 816,501, an increase of 25.5% from September 2014 and an increase of 53.8% from October 2013.
- Average daily futures contracts of 35,500, an increase of 20.1% from September 2014 and an increase of 53.8% from October 2013.
- Total funded accounts of 132,561, an increase of 0.4% from September 2014 and an increase of 3.2% from October 2013.
Institutional Metrics
- Total Institutional Trading volume of $437.6 billion, a decrease of 0.9% from September 2014 and an increase of 49.7% from October 2013.
- Average daily institutional volume of $19.0 billion, a decrease of 5.2% from September 2014 and an increase of 49.7% from October 2013.
- GTX trading volume of $397.8 billion, a decrease of 1.6% from September 2014 and an increase of 60.4% from October 2013.
- Average daily GTX volume of $17.3 billion, a decrease of 5.9% from September 2014 and an increase of 60.4% from October 2013.
