GAIN Capital reports 13% decline in Retail Forex trading volumes in May


Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported its operating metrics for the month of May 2016.

In line with declines we have seen at most other leading brokers in May, Gain Capital saw volumes at its Forex.com retail forex unit drop 12.7% to $223.4 billion for the month. Volumes at Gain’s GTX institutional division were down 7.2% in May to $151.5 billion.

Gain’s retail forex volumes were the company’s lowest result since August 2014, as follows:

Gain Capital volumes May2016

Volume highlights for the month of May at Gain Capital were as follows:

Retail Segment Metrics

  • OTC average daily volume of $10.2 billion, a decrease of 16.6% from April 2016 and 41.5% from May 2015.
  • OTC trading volume of $223.4 billion, a decrease of 12.7% from April 2016 and 38.7% from May 2015.
  • Active OTC accounts of 138,955, a decrease of 0.9% from April 2016 and 5.9% from May 2015.

Institutional Segment Metrics

  • ECN average daily volume of $6.9 billion, a decrease of 11.4% from April 2016 and 6.5% from May 2015.
  • ECN volume of $151.5 billion, a decrease of 7.2% from April 2016 and 2.0% from May 2015.
  • Swap Dealer average daily volume of $2.9 billion, a decrease of 13.5% from April 2016 and an increase of 16.5% from May 2015.
  • Swap Dealer volume of $63.2 billion, a decrease of 9.3% from April 2016 and an increase of 22.0% from May 2015.

Futures Segment Metrics

  • Futures average daily contracts of 34,744, a decrease of 4.8% from April 2016 and an increase of 2.6% from May 2015.
  • Futures contracts of 729,614, a decrease of 4.8% from April 2016 and an increase of 7.7% from May 2015.
  • Active futures accounts of 8,879, a decrease of 0.6% from April 2016 and an increase of 2.4% from May 2015.

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GAIN Capital reports 13% decline in Retail Forex trading volumes in May

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