GAIN Capital First to Report August Trading Volumes
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GAIN Capital First to Report August Trading Volumes
If the first half of 2018 has been stellar for retail brokers, the challenges for the industry are just starting. GAIN Capital, which owns two retail brokerage brands, City Index and Forex.com has just announced its trading volumes for August.
The firm is reporting average daily trading volumes declined 26.2 percent when compared to last year. The number stands at $7.6 billion daily, which is also lower by 8.4 percent when compared to July.
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Overall, the impact on the trading volumes is not conclusive. While there is no doubt that read more)
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