GAIN Capital August OTC trading volumes down 4% MoM

Gain Capital

FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has just released steady, yet still a bit low monthly activity for August 2018.

OTC Trading Volume was down with 4% from previous month.

Number of Futures Contracts went up to 576,140.

Glenn Stevens GAIN Capital CEO

Glenn Stevens, GAIN Capital

Low market volatility, outside of a few situational items like the Turkish Lira movement, continued to weigh on OTC trading volumes in August, causing declines both year-over-year and sequentially,” commented Glenn Stevens, Chief Executive Officer of GAIN.

The complete report for August 2018 can be seen here.

This operating data is preliminary and subject to revision and should not be taken as an indication of GAIN’s financial performance. GAIN undertakes no obligation to publicly update or review previously reported operating data.

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