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FOREX.COM Records Steep Y/Y Jump in Trading Volumes in July

FOREX.COM, a leading world FX broker, has just announced its operational results for July 2013 and it turns out that the company has what to be proud of: there was an extreme year-on-year increase in both retail and institutional volumes, as well as a steep rise in the number of client accounts.

 
Retail over-the-counter (OTC) trading volumes amounted to $141.7 billion in July, a surge of 49.2% against the same month a year earlier. Institutional trading volumes saw an even more impressive year-on-year rise of 124%, to $352 billion. The volume increase marked a continuation of a tendency that we already observed in June 2013, when FOREX.COM announced a 56% spring in retail volumes and a 173% jump in institutional volumes.
 
On the gloomier side, there was a fall of 8.5% in retail volumes from June 2013, and a 4.2% decrease in institutional volumes on a monthly basis. However, the monthly fall size is negligible and, moreover, it could be attributed to seasonal factors – the traditional summer slowdown, for example. 
 
In addition to the robust results in terms of volumes, the broker also registered an year-on-year rise of 6% in the number of its active retail OTC accounts to 64,793, while the month-on-month rise was an 1.0%. As you see, FOREX.COM has proven once again to be quite attractive for retail traders.
 
You can find FOREX.COM's full report below:
 
GAIN Capital Announces Monthly Metrics for July 2013
 
BEDMINSTER, N.J., Aug. 16, 2013 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP, "GAIN" or "the Company") today reported certain operating metrics for the month of July 2013.
 
Retail metrics
 
Retail OTC trading volume of $141.7 billion, a decrease of 8.5% from June 2013 and an increase of 49.2% from July 2012.
Average daily retail OTC trading volume of $6.2 billion, a decrease of 20.4% from June 2013 and an increase of 44.7% from July 2012. 
Active retail OTC accounts of 64,793, an increase of 1.0% from June 2013 and an increase of 5.6% from July 2012.
Futures Daily Average Revenue Trades (DARTs) of 12,266, a decrease of 19.1% from June 2013.
Total funded accounts of 95,046, a decrease of 2.0% from June 2013 and an increase of 26.8% from July 2012.
Total retail customer assets5 of $461.3 million, a decrease of 3.3% from June 2013 and an increase of 43.8% from July 2012.
 
Institutional metrics
 
Total institutional trading volume of $352.0 billion, a decrease of 4.2% from June 2013 and an increase of 124.1% from July 2012.
Average daily institutional volume of $15.3 billion, a decrease of 16.7% from June 2013 and an increase of 92.5% from July 2012.
Historical metrics and financial information can be found on the Company's investor relations website at 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 Capital

 
GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes to a diverse client base of retail and institutional investors.
 
GAIN's businesses include FOREX.com, which provides retail traders around the world access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices; GTX, a fully independent FX ECN for hedge funds and institutions; OEC, an innovative online futures broker; and GAIN Securities, Inc. (member FINRA/SIPC), a licensed U.S. broker-dealer.
 
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.
TAGS: forex.com  forex  com forex broker  gain capital group  forex.com operational metrics  forex operational metrics july  forex trading volumes  forex client accounts  forex july 2013 

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