Gain Capital institutional Forex arm GTX sees 14% MoM decline in February volumes

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that February trading volumes in its system decreased from record January levels.

2017 started off extremely strong at GTX, with record ECN / SEF volumes of $12.1 billion ADV in January. However trading activity cooled off somewhat during February, to $11.1 billion. But still, GTX’s second best month ever.

Overall, including GTX’s swap dealer business which provides “voice” agency execution services, total GTX volumes came in at $14.2 billion ADV.

Summary February 2017 figures at GTX:

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