GAIN Capital retail FX volume up 12%, institutional up 27% in January


The year started on a high note for one of the largest online trading service providers – Gain Capital Holdings Inc (NYSE:GCAP), as the company has just posted its volumes metrics for January 2016, showing a monthly rise in both retail FX and institutional trading volumes.

Retail volumes staged a rise of 12.3% from December 2015 levels, continuing a positive trend exhibited in the end of 2015. ECN volumes on Gain’s GTX platform also did good in January, staging a jump of 26.8% month-on-month and a rise of 15.4% from January 2015 levels.

The highlights for January 2016 can be viewed below.

Retail Metrics

  • OTC average daily volume of $15.9 billion, up 23.5% from December 2015 and 4.9% from January 2015.
  • OTC trading volume of $318.7 billion, an increase of 12.3% from December 2015 and a decrease of 0.05% from January 2015.
  • Active OTC accounts of 143,766, a decrease of 2.2% from December 2015 and an increase of 49.5% from January 2015.
  • Futures average daily contracts of 40,605, an increase of 22.4% from December 2015 and an increase of 9.3% from January 2015.
  • Futures contracts of 812,097, an increase of 11.2% from December 2015 and an increase of 9.3% from January 2015.

gain_volumes_chart_eng_jan16

Institutional Metrics

  • ECN average daily volume1 of $9.4 billion, an increase of 39.5% from December 2015 and an increase of 21.2% from January 2015.
  • ECN volume of $188.5 billion, an increase of 26.8% from December 2015 and an increase of 15.4% from January 2015.
  • Swap Dealer average daily volume1 of $2.9 billion, an increase of 10.3% from December 2015 and a decrease of 28.3% from January 2015.
  • Swap Dealer volume of $58.3 billion, an increase of 0.3% from December 2015 and a decrease of 31.7% from January 2015.

(Note: Starting with the January 2016 metrics release, GAIN’s GTX trading volume, previously presented on a combined basis, is now shown in two categories: Electronic Communication Network (ECN) and Swap Dealer. The historical data has been adjusted to reflect this reporting change).

You can view the full announcement from GAIN Capital by clicking here.

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GAIN Capital retail FX volume up 12%, institutional up 27% in January

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