GAIN Capital GTX ECN Marks Record Volume in January

[kreslik.news]

GAIN Capital’s institutional business has performed strongly in the first month of 2017. The company’s electronic communications network (ECN) for trading foreign exchange has registered a record.

During January, GTX reported $12.2 billion in average daily volumes (ADV), which is higher than the previous record month in November 2016 by over $1.7 billion. The move was driven by increased two way volatility in major currency pairs.

Total trading volumes in the first month of the year for the GTX ECN and Swap Execution Facility (SEF) amounted to $266.2 billion. The number was higher by 32 percent when compared to December and by 41 ... (read more)