GAIN Capital’s Retail OTC Volumes Plunge in February
Posted: Mon Mar 14, 2016 12:51 pm
GAIN Capital Holdings, Inc. (NYSE: GCAP) has just disclosed its trading volumes for the month ending February 2016, having erased what had been a robust month in January, according to a GAIN statement.
To recap, in January 2016 GAIN Capital orchestrated a sizable growth across its retail over-the-counter (OTC) average daily volume, which reached $15.9 billion, which was good for a strong 23.5% boost MoM over December 2015.
However, the narrative was inverted in February 2016, as GAIN’s retail OTC average daily volume came in at only $13.2 billion, falling -17.0% MoM from January 2016. In addition, total retail ... (read more)