GAIN Capital sees lowest retail Forex volumes since February 2015 in November 2015

Gain Capital Holdings Inc (NYSE:GCAP) has just reported its operating metrics for November 2015, with overall trading volumes marking a slight increase when compared to October 2015 levels.

This result reflected the robust performance on the institutional business front, with GTX volumes staging a decent rise in monthly terms. Retail trading volumes, however, staged a drop in monthly terms and hit their lowest level since February 2015.

Below are the performance highlights for November 2015.

Retail Metrics

  • OTC average daily volume of $10.9 billion, a decrease of 9.1% from October 2015 and 1.1% from November 2014.
  • OTC trading volume of $229.5 billion, a decrease of 13.2% from October 2015 and an increase of 3.8% from November 2014.
  • Active OTC accounts of 148,871, an increase of 0.4% from October 2015 and 57.5% from November 2014.

Futures metrics

  • Futures average daily contracts of 28,368, a decrease of 13.1% from October 2015 and an increase of 5.4% from November 2014.
  • Futures contracts of 567,369, a decrease of 17.2% from October 2015 and an increase of 10.9% from November 2014.

Institutional Metrics

  • GTX average daily volume of $16.6 billion, an increase of 17.1% from October 2015 and a decrease of 9.6% from November 2014.
  • GTX volume of $348.2 billion, an increase of 11.8% from October 2015 and a decrease of 5.1% from November 2014.

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You can view the official announcement from GAIN Capital on its November 2015 metrics by clicking here.

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