GAIN Capital’s Retail, Institutional Volumes Incur Seasonal Decline
Posted: Mon Jan 09, 2017 1:21 pm
GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported its volumes for the month ending December 2016, having had its retail business retreat MoM after one of the most volatile trading months of the entire year – the latest results exemplify an industry-wide trend for brokers, which have universally seen lighter trading this past month.
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One of the primary drivers of volatility in November was the US election and surprise victory by Donald Trump. Absent such a catalyst, volumes in December were ... (read more)