GAIN Capital Holdings, Inc. (NYSE: GCAP) reported its operating metrics for May 2020. The US online trading services provider’s retail segment metrics are much more stable than the last few months and have registered growth for June compared to the previous month.
The OTC trading volume for the retail segment rose to $222.3 billion from $179.3 last month, registering a 24% MoM growth. The numbers are also up by 61.4% compared to June last year.
The average daily volume OTC trading was $10.1 billion, registering a 18.8% MoM rise, compared to May when it was $8.5 billion.
Futures contracts amounted to 599,991 in June, a 10.4% MoM growth compared to 543,683 last month.
OTC Trading Volume
OTC Average Daily Volume
12 Month Trailing Active OTC Accounts
3 Month Trailing Active OTC Accounts
Number of Futures Contracts
Futures Average Daily Contracts
12 Month Trailing Active Futures Accounts
Тhe Ontario District Council of the Investment Industry Regulatory Organization of Canada (IIROC) announced last month its approval of the StoneX’s acquisition of all issued and outstanding securities of GAIN Capital – FOREX.com Canada Ltd.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.