Next in line with its November volumes report pops up GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), which has reported that November was the second top month for its FX volumes this year.
November marked record average daily volume (ADV) for the GTX ECN of $10,340 billion.
Previous high water mark was way back in the beginning of Summer – June 2016 with ADV of $9.6 billion.
ECN and SEF trading at GTX saw volumes average $10.3 billion daily during November, up 18.4% from October.
GTX’s swap dealer business saw quite a high jump of 43% during the month, to $4 billion ADV.
November was the second highest overall monthly volume for GTX including activity by the firm’s registered swap dealer, which provides “voice” agency execution services.
Full data table for November at GTX: