Gain Capital OTC trading volumes down 13.3% in February MOM

Gain Capital OTC trading volumes down 13.3% in February MOM

Do not invest more money than you can afford to lose.


Trading volume from the over-the-counter (OTC) operations of the major US forex broker Gain Capital (NYSE: GCAP) posted a monthly decrease of 13.3%  in February, to $276.3 billion. It, however, is  an increase of 13.1% from February 2015.

At the same time the broker reported that the trading volume from its institutional operations in the same month was $174 billion, a decrease of 7.7 from January 2016 and an increase of 25.0% from February 2015.

The OTC average daily volume (ADV) reached $13.2 billion, a decrease of 17.4% from January 2016 and an increase of 7.7% from February 2015.  The ADV on the institutional electronic communication network (ECN) was $8.3 billion, a decrease of 12.1% from January 2016 and an increase of 25.0% from February 2015.  

The clients of Gain Capital had 143 673 active OTC accounts, a decrease of 0.1% from January 2016 and an increase of 47.9% from February 2015.

The futures average daily contracts in February were 36 993, a decrease of 13.5% from January 2016 and 0.9% from February 2015. The total futures contracts in the second month of 2016 were 739 859, a decrease of 8.9% from January 2016 and an increase of 4.3% from February 2015.

In the institutional segment, the swap dealer average daily volume in February 2015 reached $3.0 billion, an increase of 4.5% from January 2016 and a decrease of 3.0% from February 2015. The February 2016 swap dealer volume totaled  $64.0 billion, an increase of 9.7% from January 2016 and 1.9% from February 2015.

Last week the leading US forex broker, FXCM, also reported metrics for February 2016. In the retail segment it posted a 7% drop in the retail customer trading volume. The institutional customer trading volume, however, rose 47%, compared to January 2016.

Also on Tuesday, Gain Capital released the report on its overall performance in 2015, which showed a 19% increase in the net revenue.

Last week Gain Capital reported to the regulator, the US  Commodity Futures Trading Commission (CFTC), that the deposits of its clients in January 2016 exceeded $135 million.

Gain Capital Group was established in 2003 and went public on the NYSE in 2010.

The company serves retail and institutional clients under the trading brands, City Index, GTX, and Gain Capital. It is active in North America, Europe and the Asia Pacific regions.

The broker offers trading in forex, commodities, and global equities. Its largest retail forex broker,, also offers white label solutions for other forex brokers, operating throughout the world.

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