GAIN Capital Started 2014 with a Bang, January Retail Volume Up 38.4% from Previous Month

GAIN Capital Holdings, Inc., owner of the brand Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term.com, has today reported some of its operating metrics for the month of January 2014, showing a considerable improvement over the last month of 2013.

December of last year had been especially weak for the FX broker, in part due to seasonal effects, with both retail and institutional trading volume down almost 10%. The new year seems to be treating GAIN Capital much better, with sharper positive results. Year-over-year comparisons are even more flattering to the broker, but one needs to take into consideration that GFT's volumes were only added to that of GAIN starting in November 2013 following the Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term.

Retail Metrics

Gain Capital announced that its retail over-the-counter (OTC) trading volume reached $212.5 billion in January, an increase of 38.4% from December 2013, and an increase of 44.0% from January 2013. Additionally, the average daily retail OTC trading volume was $9.7 billion, an increase of 32.2% from December 2013, and an increase of 50.6% from January 2013.

Creating all volumes in January were the owners of 98,825 active retail OTC accounts, with active defined as executing at least one transaction during the month, this figure is virtually unchanged from December 2013, but an increase of 62.6% from January 2013.

The number of funded retail accounts, holding some cash balance with GAIN Capital, dropped slightly from 133,464 to 133,295. Year-over-year growth changed from 56.0% to 55.8%.

Additionally, it was released that the figure of Futures Daily Average Revenue Trades (DARTs) reached 15,279, an increase of 7.7% from December 2013, and an increase of 29.7% from January 2013.

Institutional Metrics

The total institutional trading volume at GAIN Capital was $494.0 billion in January 2014, an increase of 28.5% from December 2013, and an increase of 57.1% from January of last year. Additionally, the average daily institutional volume was $22.5 billion, an increase of 22.7% from December 2013, and an increase of 64.2% from January 2013.