Forex

GAIN Capital’s FOREX.com FX volumes continue to drop MoM in December

After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion.

November activity, however, was down 10% MoM, dropping at $207 billion and continued plunging in December with 7% MoM.

December volumes at GAIN Capital, which operates the FOREX.com and City Index retail forex brands, dropped to $192.6 billion.

Number of Futures Contracts was also slightly down, but steady at 641,094.

The complete report can be seen here.

Source

neallesh@yahoo.co.uk

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