GAIN Capital’s OTC ADV drops 14.5% MoM in July

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CEO: Glenn Stevens

Founded: 1999

Regulated In: FCA (UK), NFA/CFTC (US), JFSA (Japan), IIROC (Canada), CIMA (Grand Cayman)

Based In: Bedminster, NJ

Monthly Volume: $208B

Platforms: FOREXTrader (proprietary), MetaTrader 4

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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the month of July 2019.

OTC Trading Volume was $135.8b last month – a slight drop with 1.4% from June’s $137.7b, but a significant plunge with 25.5% YoY.

OTC Average Daily Volume dropped with 14.5% MoM to $5.9b in July.

The number of Futures Contracts remained steady in July.

LeapRate reminds that the company recently released its Q2 report showing better revenues results than in Q1.

The complete monthly report can be seen here.