Gain Capital ( May volumes up 18%

Posted by on in News
  • Font size: Larger Smaller
  • Hits: 537
  • Print

Gain Capital institutional volumes now rival those of smaller Forex ECNs., Gain Capital, GCAP, GTX, forex broker, fx trading, trade forexSimilar to what we've already seen at leading global FX brokers FXCM, Alpari, and GMO Click, Gain Capital (which as we reported earlier is now beginning to report its monthly volumes) also registered solid numbers in May 2013. Retail volume came in at $161.5 billion, up 11% from April. Institutional volumes came in at an all-time record for Gain at $382.7 billion, up 21% increase from March.

Overall, FX volumes totaled $544 billion at Gain Capital across all its brands in May (mainly and Gain GTX), up 18% from April and an all-time best for the company. Note that these figures do not yet reflect Gain's acquisition of GFT, which is still pending. Adding in GFT should give a further $50-75 billion per month boost to Gain's retail numbers.

Gain Capital,, GCAP, GTX, fx broker, trading volume, trade forex

We'll see how the stock market reacts to the announcement (it should be positive!), given that Gain Capital shares rose to a 52 week high last week. At $5.81 (Firday's close), Gain Capital (NYSE: GCAP) shares are still significantly below their December 2010 IPO price of $9 a share.

For the full Gain Capital press release click here.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

Dont trade until you get LeapRate Research v3 for newsletter


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Thursday, 17 April 2014

Stay Informed

Get LeapRate's Daily FX Research Email