GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that February trading volumes in its system decreased from record January levels.
2017 started off extremely strong at GTX, with record ECN / SEF volumes of $12.1 billion ADV in January. However trading activity cooled off somewhat during February, to $11.1 billion. But still, GTX’s second best month ever.
Overall, including GTX’s swap dealer business which provides “voice” agency execution services, total GTX volumes came in at $14.2 billion ADV.
Summary February 2017 figures at GTX: