GAIN Capital Retail and Institutional Trading Volumes Dip in May

Wednesday, 10/06/2015 | 12:25 GMT by Victor Golovtchenko
  • The figures are in line with most of the industry, but much higher than a year ago due to the acquisition of City Index
GAIN Capital Retail and Institutional Trading Volumes Dip in May
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GAIN Capital has just published its trading volumes for the month of May and the figures are lower than in April. The company successfully integrated the services and metrics of City Index, after the integration of the services of the companies were completed and the first consolidated metrics published in April.

The retail trading figures transacted through GAIN Capital in May totaled $334.8 billion, which is lower by 6.2 percent than in April 2015 and 86.6 percent higher than in May 2014. The average daily volume (ADV) for the 147,600 active retail accounts was reported at $15.9 billion, which is only mildly lower by 1.7 percent when compared to last month. The number is 95.5 percent higher than in May 2014.

Active retail trading accounts barely increased by 0.6 percent from the previous month and registered 55 percent growth from May 2014, which is again mainly due to the Acquisition of City Index.

The institutional figures at GAIN Capital marked a steeper decline month-on-month totaling 10.5 percent, resulting in $390.6 billion transacted through all of the brokers institutional platforms. The figure is also lower compared to last year, when the institutional metrics for May totaled 14.7 percent.

The institutional ADV in May was reported at $18.6 billion, which is lower by 6.2 percent when compared to the previous month and 10.6% compared to a year ago. The GTX platform transacted $361.0 billion during the month, which is lower by 11.7 percent from April and 14.2 percent from May last year.

The ADV through GTX was reported at $17.2 billion, which is lower by 7.5 percent from April 2015 and 10.1 percent from May 2014. Exchange -based futures contracts transacted through the platforms of GAIN Capital totaled 677,590, which is barely lower by 0.7 percent from April and 23 percent higher than a year ago.

The average daily futures contracts transactions were reported at 33,880, which marks an increase of 4.3 percent from last month and 35.4 percent from a year ago.

The figures reflect somewhat subdued activity on the foreign exchange trading markets, however as average daily volumes show, particularly when it comes to the retail clients of GAIN Capital, the decline in May trading volumes at the brokerage is rather benign.

GAIN Capital has just published its trading volumes for the month of May and the figures are lower than in April. The company successfully integrated the services and metrics of City Index, after the integration of the services of the companies were completed and the first consolidated metrics published in April.

The retail trading figures transacted through GAIN Capital in May totaled $334.8 billion, which is lower by 6.2 percent than in April 2015 and 86.6 percent higher than in May 2014. The average daily volume (ADV) for the 147,600 active retail accounts was reported at $15.9 billion, which is only mildly lower by 1.7 percent when compared to last month. The number is 95.5 percent higher than in May 2014.

Active retail trading accounts barely increased by 0.6 percent from the previous month and registered 55 percent growth from May 2014, which is again mainly due to the Acquisition of City Index.

The institutional figures at GAIN Capital marked a steeper decline month-on-month totaling 10.5 percent, resulting in $390.6 billion transacted through all of the brokers institutional platforms. The figure is also lower compared to last year, when the institutional metrics for May totaled 14.7 percent.

The institutional ADV in May was reported at $18.6 billion, which is lower by 6.2 percent when compared to the previous month and 10.6% compared to a year ago. The GTX platform transacted $361.0 billion during the month, which is lower by 11.7 percent from April and 14.2 percent from May last year.

The ADV through GTX was reported at $17.2 billion, which is lower by 7.5 percent from April 2015 and 10.1 percent from May 2014. Exchange -based futures contracts transacted through the platforms of GAIN Capital totaled 677,590, which is barely lower by 0.7 percent from April and 23 percent higher than a year ago.

The average daily futures contracts transactions were reported at 33,880, which marks an increase of 4.3 percent from last month and 35.4 percent from a year ago.

The figures reflect somewhat subdued activity on the foreign exchange trading markets, however as average daily volumes show, particularly when it comes to the retail clients of GAIN Capital, the decline in May trading volumes at the brokerage is rather benign.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
  • 27 Followers
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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