GAIN Capital's Retail April Volumes Drop by 5.5%, Institutional Lower by 7.4% MoM

One of the leading US-based brokerages behind the 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 brand, GAIN Capital, has published its monthly volume metrics for the month of April in a press release. While the declines experienced fare much better when compared to other industry players, the retail side of business has dropped by 5.5% when compared to the month of March, while on the institutional front the decrease published was by 7.4%.

Retail Volumes in Detail

Retail trading volume in the month of April totaled $174.4 billion, with the average daily volumes (ADV) marking a steeper decline by 9.8% month-on-month to $7.9 billion. The number of futures contracts traded has risen by 3.3% from March.

On a curious note - low 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 seems to have really scared off retail traders with the company experiencing a rare decline in the number of active trading accounts - lower by 1.3% to 96,029.

Institutional Volumes in Detail

Total institutional trading volumes have dropped by 7.4% from March, while the ADV metric has shed 11.6% to $18.6 billion.

With GTX becoming the 20th SEF temporarily registered by the CFTC so far, volumes at the company’s unit that provides FX ECN services to institutional investors have declined by 8.5% to $369.8 billion, while the ADV totaled $16.8 billion, which is lower by 12.6% from the month of March.