GAIN Capital’s Retail, Institutional Metrics Surge in March

GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its monthly volumes for March 2017, having seen its metrics rise across the board on a monthly basis in terms of its retail and institutional business.

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March 2017 featured an uptick in trading activity, helped by 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 induced by the US Federal Reserve – a rate hike helped kindle markets, which had been lacking any definitive drivers relative to the month prior.

During March 2017, GAIN Capital’s retail OTC trading volume was reported at $239.2 billion, securing a growth of 40.5 percent month-over-month from $170.2 billion in February 2017. Across a yearly timeframe, March 2017 saw its advance tempered, with its latest figures representing a decline of 10.2 percent year-over-year from $266.7 billion in March 2016.

Average daily retail OTC trading volumes during March 2017 came in at $10.4 billion, climbing 22.4 percent month-over-month from $8.5 billion in February 2017, coupled with a -10.3 percent year-over-year pullback from $11.6 billion in March 2016. Finally, active retail OTC grew by a factor of 4.3 percent month-over-month from 131,192 in February 2017.

Institutional Business Jumps

In terms of its institutional metrics, GTX total trading volume was reported at $271.7 billion in March 2017, a healthy jump of 22.6 percent month-over-month from $221.6 billion in February 2017. The latest figures also were reflective of a substantial increase of 60.7 percent year-over-year from $169.1 billion March 2016.

Furthermore, ECN average daily institutional volume at GTX came in at $11.8 billion during March 2017, correlating to 6.3 percent higher month-over-month from $11.1 billion in February 2017 and 59.5 percent higher year-over-year from $7.4 billion in March 2016.

Finally, GAIN’s futures average daily contracts were reported at 35,969 during March 2017, up 15.9 percent month-over-month from 31,028 contracts in February 2017. This reading was virtually unchanged year-over-year relative to 35,561 contracts in March 2016.