GAIN Capital Holdings, Inc., owner of the brand Forex .com, has today reported some of its operating metrics for the month of February 2014, showing a considerable decline in trading volumes compared with the previous month.
January 2014 was a stellar month for GAIN Capital that experienced a jump in trading volumes of almost 40% in retail trading and almost 30% in institutional trading. February was bound to look weaker in comparison unless new trading records were broken. Year-over-year comparisons are more positive, but are not reflective of real organic growth as GFT’s volumes were only added to that of GAIN's starting in November 2013 following the Acquisition .
GAIN Capital February 2014 Retail Metrics
- Retail OTC trading volume of $169.3 billion, a decrease of 20.3% from January 2014 and an increase of 17.9% from February 2013.
- Average daily retail OTC trading volume of $8.5 billion, a decrease of 12.4% from January 2014 and an increase of 17.9% from February 2013.
- Active retail OTC accounts of 98,955, virtually unchanged from January 2014 and an increase of 62.3% from February 2013.
- Futures Daily Average Revenue Trades (DARTs) 17,065, an increase of 11.7% from January 2014 and an increase of 15.8% from February 2013.
- Total funded accounts of 133,044, virtually unchanged from January 2014 and an increase of 54.9% from February 2013.
GAIN Capital February 2014 Institutional Metrics
- Total institutional trading volume of $412.7 billion, a decrease of 16.4% from January 2014 and an increase of 34.9% from February 2013.
- Average daily institutional volume of $20.6 billion, a decrease of 8.1% from January 2014 and an increase of 34.9% from February 2013.
- GTX trading volume of $370.8 billion, a decrease of 15.2% from January 2014 and an increase of 21.2% from February 2013.
- Average daily GTX volume of $18.5 billion, a decrease of 6.7% from January 2014 and an increase of 21.2% from February 2013.
