GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that July trading volumes in its system were virtually unchanged from June, on both a total and average daily trading volume basis.
GTX saw total trading volumes of $268.6 billion in July, or $12.8 billion ADV, versus $270.1 billion total / $12.3 billion ADV in June.
GTX saw record FX volumes of $339.0 billion total and $14.7 billion ADV in March.
The data presented includes GTX’s swap dealer business which provides “voice” agency execution services, representing about 20% of total volumes.