GAIN Capital reports weak operating metrics for December 2016

GAIN Capital Holdings, Inc. (NYSE: GCAP) just reported its operating metrics for the month of December 2016 and they don’t look so good.

Retail Segment Metrics

  • OTC average daily volume of $8.6 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015.
  • OTC trading volume of $189.1 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015.
  • Active OTC accounts of 129,036, a decrease of 1.6% from November 2016 and 12.2% from December 2015.

Institutional Segment Metrics

  • ECN average daily volume of $9.2 billion, a decrease of 11.2% from November 2016 and an increase of 36.0% from December 2015.
  • ECN volume of $202.1 billion, a decrease of 11.2% from November 2016 and an increase of 36.0% from December 2015.
  • Swap Dealer average daily volume of $3.2 billion, a decrease of 20.7% from November 2016 and an increase of 20.3% from December 2015.
  • Swap Dealer volume1 of $70.0 billion, a decrease of 20.7% from November 2016 and an increase of 20.3% from December 2015.

Futures Segment Metrics

  • Futures average daily contracts of 26,160, a decrease of 20.5% from November 2016 and 21.2% from December 2015.
  • Futures contracts of 549,363, a decrease of 20.5% from November 2016 and 24.7% from December 2015.
  • Active futures accounts of 8,368, a decrease of 1.1% from November 2016 and 3.5% from December 2015.

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