GAIN Capital Holdings, Inc. (NYSE: GCAP) today reported its operating metrics for the month of February 2015, showing monthly declines in trading volumes both on the retail and the institutional sides of the business.
The monthly drops in trading volumes for GAIN Capital were not unexpected as January 2015 was an exceptional month for trading for the broker thanks to the extreme Volatility created by the SNB crisis that took trading volumes to new highs.
GAIN Capital reported retail OTC trading volume of $223.0 billion, a decrease of 20.2% from January 2015, and an increase of 30.3% from February 2014. Average daily retail OTC trading volume of $11.2 billion, a decrease of 16.3% from January 2015 and an increase of 30.3% from February 2014. Active retail OTC accounts of 97,167, an increase of 1.1% from January 2015 and a decrease of 0.4% from February 2014.
Futures contracts of 709,563, a decrease of 4.5% from January 2015 and an increase of 47.4% from February 2014. Average daily futures contracts of 35,478, an increase of 0.3% from January 2015 and an increase of 47.4% from January 2014. Total funded accounts of 136,728, an increase of 1.0% from January 2015 and an increase of 5.9% from January 2014.
Total Institutional Trading volume of $349.2 billion, a decrease of 22.6% from January 2015 and a decrease of 15.7% from February 2014. Average daily institutional volume of $17.5 billion, a decrease of 18.7% from January 2015 and a decrease of 15.7% from February 2014. GTX trading volume of $327.9 billion, a decrease of 20.4% from January 2015 and a decrease of 11.6% from February 2014. Average daily GTX volume of $16.4 billion, a decrease of 16.4% from January 2015 and a decrease of 11.6% from February 2014.
