Gain Capital August forex volumes drop 20%
Gain Capital August forex volumes drop 20% explained by professional Forex trading experts the “Gain Capital August forex volumes drop 20%” FX trading team.
Gain Capital August forex volumes drop 20%
We should first remind people (after getting many inquiries) that Gain Capital’s reported volumes still do not yet include GFT volumes. Gain’s announced acquisition of GFT has not yet closed, although it should close at some point before the end of the year.
And even without counting GFT’s volumes, Gain Capital forex trading volumes are about 50% ahead of what they were at this point last year.
So what were the numbers? Gain Capital’s Forex.com retail volumes came in at $123 billion for August, down 13% from July, and its Gain GTX institutional volumes were $270 billion, off 23% from July. Overall, down 20%.
We should note that Gain Capital rival FXCM saw record institutional forex volumes in August.
Gain Capital August forex volumes drop 20% Conclusion
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