GAIN Capital Holdings Reports Record Retail Trading Volumes in January

Tuesday, 10/02/2015 | 12:51 GMT by Victor Golovtchenko
GAIN Capital Holdings Reports Record Retail Trading Volumes in January
GAIN Capital Logo

GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its monthly trading volumes metrics for the month of January revealing a record setting month in January. The retail trading volumes segment of the company's report has set a new record high after a bout of Volatility on the foreign exchange market last month.

Retail trading metrics surged 18.4% when compared to the previous month to $279.6 billion, marking a new record and a 30.3% from January 2014. Average daily retail OTC trading volumes totaled $13.3 billion, which was higher by 24.1% than in December 2014 and 36.5% than in January 2014.

Institutional trading volume surged to $451.1 billion, which is higher by 11.2% from December 2014 and but lower by 9.0% when compared to January 2014. The average daily institutional volume totaled $21.5 billion, which is higher by 16.4% than in December 2014 and lower by 4.7% from January 2014.

GTX trading volume marked $411.9 billion, which is up by 8.6% from December 2014 and a down 5.8% from January 2014. Average daily GTX volume was $19.6 billion, edging higher by 13.7% from December 2014, and remaining about flat when compared to January 2014.

GAIN_Capital_Volumes_Jan_2015

Glenn Stevens, CEO of GAIN Capital commented in a statement, “Following an extraordinary month in the currency markets, GAIN Capital has emerged in a strong position to gain market share and deliver future growth in our retail business. Total funded accounts reached an all-time high of 135,430 in January, following a strong month in new client acquisition for our Forex .com brand as retail traders sought out a high quality broker following the SNB event on January 15th."

"We also saw a significant increase in client activity amid overall more favorable market conditions, with retail average daily volume growing 24% month-over-month to reach a record high in January. Additionally, our strong balance sheet provides important financial flexibility, with funds significantly in excess of our regulatory capital requirements at January 31, 2015, meaning we are well capitalized and have the resources to pursue further growth,” Mr Stevens concluded.

GAIN Capital Logo

GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its monthly trading volumes metrics for the month of January revealing a record setting month in January. The retail trading volumes segment of the company's report has set a new record high after a bout of Volatility on the foreign exchange market last month.

Retail trading metrics surged 18.4% when compared to the previous month to $279.6 billion, marking a new record and a 30.3% from January 2014. Average daily retail OTC trading volumes totaled $13.3 billion, which was higher by 24.1% than in December 2014 and 36.5% than in January 2014.

Institutional trading volume surged to $451.1 billion, which is higher by 11.2% from December 2014 and but lower by 9.0% when compared to January 2014. The average daily institutional volume totaled $21.5 billion, which is higher by 16.4% than in December 2014 and lower by 4.7% from January 2014.

GTX trading volume marked $411.9 billion, which is up by 8.6% from December 2014 and a down 5.8% from January 2014. Average daily GTX volume was $19.6 billion, edging higher by 13.7% from December 2014, and remaining about flat when compared to January 2014.

GAIN_Capital_Volumes_Jan_2015

Glenn Stevens, CEO of GAIN Capital commented in a statement, “Following an extraordinary month in the currency markets, GAIN Capital has emerged in a strong position to gain market share and deliver future growth in our retail business. Total funded accounts reached an all-time high of 135,430 in January, following a strong month in new client acquisition for our Forex .com brand as retail traders sought out a high quality broker following the SNB event on January 15th."

"We also saw a significant increase in client activity amid overall more favorable market conditions, with retail average daily volume growing 24% month-over-month to reach a record high in January. Additionally, our strong balance sheet provides important financial flexibility, with funds significantly in excess of our regulatory capital requirements at January 31, 2015, meaning we are well capitalized and have the resources to pursue further growth,” Mr Stevens concluded.

About the Author: Victor Golovtchenko
Victor Golovtchenko
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About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 27 Followers

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