GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has released its trading volumes for the month of January 2019.
LeapRate reminds that January 2018 volumes at Forex.com were the company’s best result since November 2016, the month of the U.S. election which included some record trading days after the surprise win of Donald Trump.
January 2019 was the second consecutive month of month-over-month increases for 3-month trailing active OTC account growth.
OTC trading volumes came in at $184 million, which was a drop from December’s $192.6 million translating into a 4.5% decline.
OTC average daily volumes were recorded at $8.4 million.
The number of active OTC trailing accounts over the 3 month trailing period was 70,150 – up 2.1 MoM.
The total number of futures contracts traded were down 7.8% MoM, as were the futures contracts traded on a daily basis, which posted a 12.2% MoM decline.
The complete GAIN Capital monthly report for the month of January 2019 can be seen here.
This operating data is preliminary and subject to revision and should not be taken as an indication of GAIN’s financial performance. GAIN undertakes no obligation to publicly update or review previously reported operating data.