GAIN’s GTX ECN Shatters Multiple Trading Volumes Records

GTX, GAIN Capital’s Institutional Trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term venue, has just reported the outcome of the first month of trading in 2018. The company crushed a series of records for total monthly, average daily and single-day trading volumes.

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The GTX ECN set an average daily volume record of $13.9 billion per day. The number is higher by about $600 million when compared to the previous record month of September 2017. The figure was also higher by 28 percent month-on-month and 15 percent year-on-year.

Total trading volumes via the GTX ECN netted $305 billion, which is over $20 billion higher than the previous record set in August 2017. The metrics were higher by 41 percent when compared to December 2017 and by 15 percent when compared to January 2017.

January 25th was the most active trading day on the records of GAIN Capital’s ECN, as almost $23 billion changed hands. The figure was higher by about $5 billion when compared to post-Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term day on January 24th 2017.

While trading via the ECN was vibrant, the ECN’s records were offset by declines in swap dealer activity.

The total trading volumes for GTX in January, including the ECN, SEF and SD facilities were $361 billion. The figure was higher by 46 percent when compared to December 2017 and about flat when compared to January 2017.