GAIN Capital Reports Over 50% Surge in Trading Volumes for January ‎‎2018‎

Wednesday, 07/02/2018 | 22:23 GMT by Aziz Abdel-Qader
  • GAIN Capital’s retail OTC trading volume was reported at $249.0 billion‎.
GAIN Capital Reports Over 50% Surge in Trading Volumes for January ‎‎2018‎
Bloomberg

GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its volumes for the month ending January 2018, having undergone a better performance across its retail, institutional and futures business compared to the prior month, according to a GAIN statement.

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In particular, GAIN Capital’s retail OTC trading volume was reported at $249.0 billion, an increase of 52 percent month-on-month compared to $163.6 billion in December 2017. Across a yearly timeframe, the figure showed a similar picture, rising 18.6 percent from $210.0 billion reported back in January 2017.

Furthermore, the average daily retail OTC trading volume during January 2018 came in at $11.3 billion, up 37.8 percent month-on-month from $8.2 billion in the prior month. This increase was also coupled with a 18.9 percent advance year-on-year from $9.5 billion in the year ago.

The metrics of active retail OTC accounts were flat, numbering 132,783 as of January 31, 2017, inching slightly higher by a factor of 0.4 percent relative to a month ago, and by 6.3 percent relative to the previous year.

In terms of its institutional metrics, ECN average daily institutional volume at GTX came in at $13.9 billion during January 2018, reflective of an advance of 29 percent from $10.8 billion in December 2017. Across a yearly timeframe, January 2018 showed a less substantial jump of 14.9 percent year-over-year from $12.1 billion in January 2017.

Finally, GAIN’s futures average daily contracts were reported at 32,103 during January 2018, up 24.3 percent month-on-month from 25,835 contracts set back in December 2017.

On a related note, active futures accounts rose to 7,924 during the previous month, up 1.1 percent from 7,838 in December 2017, but were lower by 4.6 percent compared to January 2017.

GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its volumes for the month ending January 2018, having undergone a better performance across its retail, institutional and futures business compared to the prior month, according to a GAIN statement.

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

[gptAdvertisement]

In particular, GAIN Capital’s retail OTC trading volume was reported at $249.0 billion, an increase of 52 percent month-on-month compared to $163.6 billion in December 2017. Across a yearly timeframe, the figure showed a similar picture, rising 18.6 percent from $210.0 billion reported back in January 2017.

Furthermore, the average daily retail OTC trading volume during January 2018 came in at $11.3 billion, up 37.8 percent month-on-month from $8.2 billion in the prior month. This increase was also coupled with a 18.9 percent advance year-on-year from $9.5 billion in the year ago.

The metrics of active retail OTC accounts were flat, numbering 132,783 as of January 31, 2017, inching slightly higher by a factor of 0.4 percent relative to a month ago, and by 6.3 percent relative to the previous year.

In terms of its institutional metrics, ECN average daily institutional volume at GTX came in at $13.9 billion during January 2018, reflective of an advance of 29 percent from $10.8 billion in December 2017. Across a yearly timeframe, January 2018 showed a less substantial jump of 14.9 percent year-over-year from $12.1 billion in January 2017.

Finally, GAIN’s futures average daily contracts were reported at 32,103 during January 2018, up 24.3 percent month-on-month from 25,835 contracts set back in December 2017.

On a related note, active futures accounts rose to 7,924 during the previous month, up 1.1 percent from 7,838 in December 2017, but were lower by 4.6 percent compared to January 2017.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
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About the Author: Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers

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