GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported flat trading volumes during the month of November – like October, slightly down from the near-record trading volumes seen during the months of August and September.
GTX reported total trading volumes of $321 billion in November, down slightly (less than 1%) from $323 billion in October. On an average daily volume basis, November volumes at GTX were $14.6 billion versus $14.7 billion ADV in October.
|November 2017||Total Volume||ADV|
|ECN + SEF||267,685||12,167|
|% Change vs. October 2017||Total Volume||ADV|
|ECN + SEF||7%||7%|
|% Change vs. November 2016||Total Volume||ADV|
|ECN + SEF||18%||18%|
The data presented includes GTX’s swap dealer business which provides “voice” agency execution services, representing about 20% of total volumes.