BEDMINSTER, N.J., April 6, 2018 /PRNewswire/ -- GAIN Capital
Holdings, Inc. (NYSE: GCAP) ("GAIN" or "the Company") today
reported certain operating metrics for the month of March 2018.
|
Mar-18
|
Feb-18
|
Mar-17
|
Sequential
Change
|
Year-over-
year change
|
Retail
Segment
|
|
|
|
|
|
OTC Trading
Volume(1)
|
$
|
262.8
|
|
$
|
283.5
|
|
$
|
239.2
|
|
(7.3)%
|
|
9.9%
|
|
OTC Average Daily
Volume
|
$
|
11.9
|
|
$
|
14.2
|
|
$
|
10.4
|
|
(16.2)%
|
|
14.4%
|
|
12 Month Trailing
Active OTC Accounts(2)
|
131,764
|
|
133,545
|
|
136,829
|
|
(1.3)%
|
|
(3.7)%
|
|
3 Month Trailing
Active OTC Accounts(2)
|
78,681
|
|
80,681
|
|
83,145
|
|
(2.5)%
|
|
(5.4)%
|
|
|
|
|
|
|
|
Institutional
Segment
|
|
|
|
|
|
ECN
Volume(1)
|
$
|
317.8
|
|
$
|
322.7
|
|
$
|
271.7
|
|
(1.5)%
|
|
17.0%
|
|
ECN Average Daily
Volume
|
$
|
14.4
|
|
$
|
16.1
|
|
$
|
11.8
|
|
(10.6)%
|
|
22.0%
|
|
Swap Dealer
Volume(1)
|
$
|
56.8
|
|
$
|
53.8
|
|
$
|
67.4
|
|
5.6%
|
|
(15.7)%
|
|
Swap Dealer Average
Daily Volume
|
$
|
2.6
|
|
$
|
2.7
|
|
$
|
2.9
|
|
(3.7)%
|
|
(10.3)%
|
|
|
|
|
|
|
|
Futures
Segment
|
|
|
|
|
|
Number of Futures
Contracts
|
771,749
|
|
714,322
|
|
827,296
|
|
8.0%
|
|
(6.7)%
|
|
Futures Average Daily
Contracts
|
36,750
|
|
37,596
|
|
35,969
|
|
(2.3)%
|
|
2.2%
|
|
12 Month Trailing
Active Futures Accounts(2)
|
7,959
|
|
7,972
|
|
8,201
|
|
(0.2)%
|
|
(3.0)%
|
|
|
|
|
|
|
|
_________________________________________
All volume figures reported in billions.
1 US dollar equivalent of notional amounts
traded.
2 Accounts that executed a transaction during the
relevant period. For the quarter, indirect volume represented 23%
of total retail OTC trading volume.
Management Commentary
"During the first three months of the year, GAIN's continued
success in driving organic growth, coupled with our strong ability
to capitalize on the return of market volatility, resulted in a
revenue per million figure in-line with our target run rate of
approximately $105," said
Glenn Stevens, Chief Executive
Officer. "Client engagement continued to improve in March,
highlighted by retail average daily trading volume of $11.9 billion and ECN average daily volume of
$14.4 billion, up 14% and 22%
year-over-year, respectively, reiterating our belief that
volatility in the markets is creating a more attractive trading
environment for GAIN's customer base."
Historical metrics and financial information can be found on the
Company's investor relations website http://ir.gaincapital.com.
This operating data is preliminary and subject to revision and
should not be taken as an indication of GAIN's financial
performance. GAIN undertakes no obligation to publicly update or
review previously reported operating data.
About GAIN
GAIN Capital Holdings, Inc. provides innovative trading
technology and execution services to retail and institutional
investors worldwide, with multiple access points to OTC markets and
global exchanges across a wide range of asset classes, including
foreign exchange, commodities, and global equities. GAIN
Capital is headquartered in Bedminster, New Jersey, with a global presence
across North America, Europe and the Asia
Pacific regions. For further company information, visit
www.gaincapital.com.
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SOURCE GAIN Capital Holdings, Inc.