GAIN Capital starting to benefit in the latest USA Retail broker asset report

U.S. Retail Forex client assets from FCM FINANCIAL DATA for the month of October from reports filed by December 3, 2015 showed that Retail Forex based client assets at brokers dipped by just .03% MoM after a slight bump up in September. RJ O’Brien reports for retail FCM now look like a no-show (we will remove from our reports from here out) and of course the move of online broker MB Trading’s Forex client assets to GAIN Capital (NSYE: GCAP) through the white label of discount stock brokerage house TradeKing which has started to show up in the reports.

GAIN Capital received the highest total boost in their assets due to the aforementioned migration. FXCM (NYSE: FXCM) saw a 2.7% decrease in assets but they and other brokers could see an influx of new tradable assets should MB Trading clients not stick around with the GAIN Capital platform through TradeKing. It looks as if IBFX and Interactive Brokers also took advantage of client shifts as they in fact reported a steady bump to the upside MoM. (see table below:)


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