GAIN Capital Trading Volumes Dip in September, RPM Higher in Q3

The average daily trading volumes at GAIN Capital (NYSE:GCAP) dipped 13 per cent month-on-month in September as the broker announced that metrics totaled $14.7 billion. The number is still higher by 35 per cent when compared to last year, however special favors are in play related to 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 of City Index.

The total trading volume for over-the-counter products amounted to $322.8 billion, which is lower by 8.9 per cent from August 2015 and higher by 35.1 per cent when compared to the same month last year.

The number of active accounts totaled 149,846, a mild dip of 0.5 per cent from August 2015 and higher by 59.8 per cent that in September 2014. The number of average daily futures contracts traded totaled 38,072, which is higher by 8.3 per cent than in August 2015 and by 22.9 per cent than in September 2014.

The total amount of futures contracts traded amounted to 799.517 in September, higher by the same 8.3 per cent from last month and by 22.9 per cent when compared to September 2014.

Looking at GAIN Capital's (NYSE:GCAP) institutional volume metrics, the average daily volume at GTX totaled $15.8 billion, or lower by 8.5 per cent when compared to August 2015 and 14.0 per cent if we look at September 2014. The total volume for the month amounted to $347.8 billion, which is lower by 4.2 per cent than last month and by 14.0 percent when compared to last September.

Commenting on the quarterly volume metrics the company’s CEO, Glenn Stevens, stated: "In Q3 2015, GAIN continued to make strong progress on the integration of City Index, which included a positive response from both legacy GAIN and City Index clients, as well as new customers.”

“The Q3 2015 retail trading environment was more favorable relative to Q2 2015 with higher Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term in indices and commodities resulting in a quarterly retail revenue capture per million (RPM) in the mid- to high- $90s, generally in line with GAIN's trailing twelve month average," he concluded.

The higher RPM figure is largely due to increased futures trading and the higher margins that brokers bank when clients are trading those contracts. Increased volatility in equity and commodity markets has shifted the mix of trading appetites amongst customers are they have been drawn by relatively faster markets.