Online forex broker Gain Capital Holdings Inc (NYSE:GCAP) has just released its key operating metrics for the month of February 2016. There can be found both retail and institutional trading volumes, not that optimistic as in the previous month.
As we have seen, also couple of other brokers saw a decline in volumes during February in comparison with January 2016 (like FXCM). Although the institutional and retail sector saw a decline at GAIN, these numbers were still optimistic, when considered on the annual basis, where the OTC retail volumes rose 13.1%, while the institutional sector saw a jump from February 2015 by 31.3%.
Retail Sector Metrics
- OTC average daily volume reached $13.2 billion in total, what is a decrease of 17.4% compared to January 2016 and an increase of 7.7% versus February 2015.
- OTC trading volume eased to $276.3 billion, a drop of 13.3% in comparison with January 2016 but an increase of 13.1% from February 2015.
- Active OTC accounts at GAIN reached the number of 143,673, what is a decline of 0.1% from January 2016 but still jumping by 47.9% versus February 2015.
- Futures average daily contracts of 36,993, a decrease of 13.5% from January 2016 and 0.9% from February 2015.
- Futures contracts reached the number of 739,859, what is a drop of 8.9% from January 2016 and an increase of 4.3% from February 2015.
Institutional Sector Metrics
- ECN average daily volume reached $8.3 billion in total, posting a drop of 12.1% in comparison with January 2016, but still rising over the year by 25.0%.
- ECN volume eased to $174.0 billion, when compared with January 2016, declining by 7.7%, but again rising 31.3% versus February 2015.
- Swap Dealer average daily volume hiked to $3.0 billion, an increase of 4.5% compared to January 2016 and a fall of 3.0% from February 2015.
- Swap Dealer volume reached $64.0 billion in total, what is an increase of 9.7% from January 2016 and 1.9% from February 2015.
The official announcement from GAIN Capital with its full operational metrics can be found here.
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