Major ECNs Volumes Sharply Declined in June 2017 after Volatile May

[kreslik.news]

The volatility of May 2017 caused by the French elections and other political developments led to all major Electronic Communication Networks (ECNs) showing declines month-on-month (MoM) in terms of trading volumes. However, a different image emerges when viewing the figures on a year-on-year (YoY) basis, especially for one of the networks.

GTX:

GAIN Capital’s institutional unit GTX has just reported its latest monthly turnover for June 2017, which declined across both ECN + SEF and swap deals, in contrast to growth recorded in May. In terms of the total turnover of ECN + SEF and swap deals, GTX dropped 12 per cent from $306.5 ... (read more)