GAIN Capital’s November FX volumes down 10% MoM

Gain Capital

After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion.

November activity at GAIN Capital, which operates the and City Index retail forex brands, was down 10% MoM, dropping at $207 billion.

Number of Futures Contracts also plunged with 20% MoM to 654,077.

The official announcement can be seen here.

Read Also: