GTX sees forex trading volumes down 12% MoM in June 2017 to $270 billion


GTX forex volumes

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that June trading volumes in its system decreased from May, on both a total and average daily trading volume basis.

GTX saw total trading volumes of $270.1 billion in June, or $12.3 billion ADV, versus $306.5 billion total / $13.3 billion ADV in May.

GTX saw record FX volumes of $339.0 billion total and $14.7 billion ADV in March.

GTX June volumes chart

During June, GTX announced that it was opening a Zurich institutional FX office, headed by Antonio Fananas.

The data presented includes GTX’s swap dealer business which provides “voice” agency execution services, representing about 20% of total volumes.

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GTX sees forex trading volumes down 12% MoM in June 2017 to $270 billion

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