GAIN’s Trading Volumes Decline Seasonally in March amid Easter Holiday
Posted: Sun Apr 10, 2016 12:22 pm
GAIN Capital (NYSE: GCAP) has reported its trading metrics for the month ending March 2016, which saw a marginal decline across its trading volumes given the observance of the Easter holidays in Europe and the US, according to a GAIN statement.
In March 2016, GAIN’s retail over-the-counter (OTC) average daily volume (ADV) came in at only $11.6 billion, retreating -12.1% MoM from $13.2 billion in February 2016. Moreover, total retail OTC volumes were disclosed at $266.7 billion in February 2016, down -3.5% MoM from $276.3 billion in February 2016.
While the ADV metrics declined materially, the nominal figures for ... (read more)