GAIN Capital Holdings, Inc. (NYSE: GCAP) has commented on recent market volatility while presenting at the Credit Suisse 19th Annual Financial Services Forum.
Here’s what Glenn Stevens, GAIN Capital’s CEO, said at the Forum yesterday:
It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets is leading customers to consider alternative trading venues.
As evidenced in our January 2018 monthly metrics report, client engagement has been strong in the early part of the year, with retail OTC and institutional average daily volume up 38 percent and 33 percent, respectively, over the same metrics in December.
While macroeconomic uncertainty and increased market speculation creates a positive operating environment for GAIN, we remain focused on positioning the Company for growth in both low and high volatility markets.