GAIN Capital Retail and Institutional Trading Volumes up MoM in June

Friday, 10/07/2015 | 12:36 GMT by Avi Mizrahi
  • Futures contracts reached 695,911, an increase of 2.7% MoM from May 2015 and 34.2% YoY from June 2014.
GAIN Capital Retail and Institutional Trading Volumes up MoM in June

GAIN Capital Holdings, Inc. (NYSE: GCAP) has just published its monthly metrics including trading volumes for the month of June 2015 and the figures are higher than in May.

The retail yearly figures are much more impressive than the monthly ones, but are due to the fact that the company integrated the metrics of its Acquisition , City Index, since the first consolidated metrics were published in April 2015.

Retail OTC trading volume reached $375.7 billion, an increase of 12.2% MoM from May 2015 and 126.2% YoY from June 2014. Average daily retail OTC trading reached a volume of $17.1 billion, an increase of 7.1% MoM from May 2015 and 115.9% YoY from June 2014. Active retail OTC accounts climbed slightly to 148,730, an increase of 0.8% MoM from May 2015 and 57.8% YoY from June 2014.

Total institutional trading volume is reported at $454.9 billion, an increase of 16.5% MoM from May 2015 and a decrease of 5.2% YoY from June 2014. Average daily institutional volume came in at $20.7 billion, an increase of 11.2% MoM from May 2015 and a decrease of 9.5% YoY from June 2014. GTX trading volume is reported at $418.8 billion, an increase of 16.0% MoM from May 2015 and a decrease of 6.1% YoY from June 2014. Average daily GTX volume came in at $19.0 billion, an increase of 10.7% MoM from May 2015 and a decrease of 10.4% YoY from June 2014.

Futures contracts reached 695,911, an increase of 2.7% MoM from May 2015 and 34.2% YoY from June 2014. Average daily futures contracts reported at 31,632, a decrease of 6.6% from May 2015 and an increase of 28.1% from June 2014.

"GAIN's operating metrics continue to exhibit positive monthly and annual growth following the closing of our acquisition of City Index on April 1. In our retail business, volumes increased 12.2% in June from the prior month and average daily volume reached a new high of $17.1 billion. Retail revenue capture during the quarter was challenging, however, coming in towards the lower end of the range of the last four quarters, which was $70 to $116 per million, primarily due to lower Volatility in indices and commodities. The integration of City Index is on track, and we expect to achieve the previously disclosed annual run-rate cost savings of $40-$45 million by 2017," remarked Glenn Stevens, Chief Executive Officer.

gainvoljune2015

GAIN Capital Holdings, Inc. (NYSE: GCAP) has just published its monthly metrics including trading volumes for the month of June 2015 and the figures are higher than in May.

The retail yearly figures are much more impressive than the monthly ones, but are due to the fact that the company integrated the metrics of its Acquisition , City Index, since the first consolidated metrics were published in April 2015.

Retail OTC trading volume reached $375.7 billion, an increase of 12.2% MoM from May 2015 and 126.2% YoY from June 2014. Average daily retail OTC trading reached a volume of $17.1 billion, an increase of 7.1% MoM from May 2015 and 115.9% YoY from June 2014. Active retail OTC accounts climbed slightly to 148,730, an increase of 0.8% MoM from May 2015 and 57.8% YoY from June 2014.

Total institutional trading volume is reported at $454.9 billion, an increase of 16.5% MoM from May 2015 and a decrease of 5.2% YoY from June 2014. Average daily institutional volume came in at $20.7 billion, an increase of 11.2% MoM from May 2015 and a decrease of 9.5% YoY from June 2014. GTX trading volume is reported at $418.8 billion, an increase of 16.0% MoM from May 2015 and a decrease of 6.1% YoY from June 2014. Average daily GTX volume came in at $19.0 billion, an increase of 10.7% MoM from May 2015 and a decrease of 10.4% YoY from June 2014.

Futures contracts reached 695,911, an increase of 2.7% MoM from May 2015 and 34.2% YoY from June 2014. Average daily futures contracts reported at 31,632, a decrease of 6.6% from May 2015 and an increase of 28.1% from June 2014.

"GAIN's operating metrics continue to exhibit positive monthly and annual growth following the closing of our acquisition of City Index on April 1. In our retail business, volumes increased 12.2% in June from the prior month and average daily volume reached a new high of $17.1 billion. Retail revenue capture during the quarter was challenging, however, coming in towards the lower end of the range of the last four quarters, which was $70 to $116 per million, primarily due to lower Volatility in indices and commodities. The integration of City Index is on track, and we expect to achieve the previously disclosed annual run-rate cost savings of $40-$45 million by 2017," remarked Glenn Stevens, Chief Executive Officer.

gainvoljune2015
About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
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