After announcing its best quarter in more than a year last month, retail and institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has today released April trading volumes indicating the company’s slowest month of 2018 to date.
However, in the big picture we’d also note that volumes remain well above 2017 averages of $206 billion per month Retail, and $248 billion Institutional.
Retail Segment OTC Trading Volume dropped by 15% MoM in April to $222.4 billion, while in the Institutional Segment, ECN Volume plunged 12% to $279 billion.
Number of Futures Contracts was 753,943 last month, down 2%.
GAIN Capital operates the FOREX.com and City Index retail trading brands, and the GTX institutional business.
The complete report can be seen here.