GAIN Capital has released April’s operating report
GAIN Capital Holdings has announced its trading volumes for April 2018. The report shows the slowing of the FX volumes and these are the lowest metrics of the company of 2018. Although, the last year was successful enough as the volumes were increasing very fast.
GAIN Capital Holdings, Inc. is based in Bedminster, New Jersey. It is a retail and institutional FX broker that provides trading services to investors all over the world, and offers them an access to OTC markets and global exchanges of various assets, such as foreign exchange, commodities, and global equities. The company has representative offices in North America, Europe and the Asia Pacific regions.
Despite the fact that the volumes fell down, they are still higher than 2017 averages with the amounts of $206 billion Retail and $248 billion Institutional. As to the average daily volumes, they decreased on 11 percent in comparison to March 2018 volumes, though increased on 14 percent on a yearly basis. Also the accounts in the retail segment shown the lower metrics from those in March 2018. The volumes of the ECN, GTX and institutional segment have also decreased. GAIN Capital reported the amount of $279 billion in April, which is 12 percents lower than March 2018 metrics. The reported metrics are higher relative to April 2017 though.