GAIN Capital Sees Significant Drop in Q3 Retail Trading Volumes

[kreslik.news]

In addition to its financial results, GAIN Capital today reported its aggregated trading volumes for the third quarter. The group’s most recent retail volumes took a step back, continuing with a consecutive string of losses since ending the first quarter on a more positive note.

In particular, GAIN Capital’s retail clients transacted a total of $506 billion in Q3 2018, retreating 21.4 percent year-over-year from $645 billion in Q3 2017. The group’s average daily volumes (ADVs) came in at $7.8 billion in the last three months, down 21 percent over a yearly timetable from $9.9 billion per day in read more)