GAIN Capital has reported its metrics and volumes for the month ending in May 2014, characterized by a slim growth margin across retail OTC trading volumes to the tune of 0.9%, coupled with a sizable 11.7% climb in Institutional Trading volume MoM, according to a GAIN statement.
Retail Figures Edge out Slim Growth MoM
Following soft metrics during April that revealed declines across the board, the May figures appear to have orchestrated a rebound, which is emblematic of the overall industry, excluding Japan. Specifically, retail OTC trading volume was reported at $175.9 billion in May 2014, up 0.9% MoM from April and 9.0% YoY since May 2013. Furthermore, across a daily time frame, average daily retail OTC trading volume yielded $8.0 billion in May 2014 (up 13.9% YoY).
Institutional Volumes Report Double-Digit Recovery
May 2014 also proved to be a fortuitous month for GAIN Capital in the institutional realm, underscored by total institutional trading volumes of $456.9 billion, which represents gains of 11.7% and 19.4% MoM and YoY respectively. In addition, average daily institutional volumes came in at $20.8 billion in May 2014, good for a 24.8% boost YoY from May 2013.