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FOREX.Com Registers 31% Y/Y Jump in Retail FX Volumes in August

FOREX.Com, the leading US FX broker, has just released its operating metrics for August, showing a steep year-on-year rise in both retail and institutional trading volumes. 

 
Retail over-the-counter trading volumes saw a jump of 30.9% against August 2012, reaching $123.2 billion, while institutional volumes enjoyed even a steeper rise of 66.4% year-on-year, climbing to $270.4 billion. The company still managed to surpass its US rival FXCM in terms of institutional volumes – the efforts to boost this segment of its business over the past half year have obviously been paying off.
 
On a monthly basis, the situation was somewhat gloomier, as retail volumes dropped by 13% against July's reading $141.7 billion, while institutional volumes recorded a monthly drop of 23.2%.
 
 On the brighter side, the number of retail customer accounts and retail customer assets saw a rise on a monthly and an annual basis, reaching respectively 65,289 and $485.9 million. 
 
 
You can find FOREX.Com's full report below:
 
GAIN Capital Announces Monthly Metrics for August 2013
 
BEDMINSTER, N.J., Sept. 17, 2013 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP, "GAIN" or "the Company") today reported certain operating metrics for the month of August 2013.
 
Retail metrics
 
Retail OTC trading volume of $123.2 billion, a decrease of 13.1% from July 2013 and an increase of 30.9% from August 2012.
 
Average daily retail OTC trading volume of $5.6 billion, a decrease of 9.1% from July 2013 and an increase of 36.8% from August 2012. 
 
Active retail OTC accounts of 65,289, an increase of 0.8% from July 2013 and an increase of 8.4% from August 2012.
 
Futures Daily Average Revenue Trades (DARTs) of 13,787, an increase of 12.4% from July 2013.
Total funded accounts of 94,378 a decrease of 0.7% from July 2013 and an increase of 13.5% from August 2012.
 
Total retail customer assets of $485.9 million, an increase of 5.3% from July 2013 and an increase of 12.0% from August 2012.
 
Institutional metrics
 
Total institutional trading volume of $270.4 billion, a decrease of 23.2% from July 2013 and an increase of 66.4% from August 2012.
 
Average daily institutional volume of $12.3 billion, a decrease of 19.7% from July 2013 and an increase of 45.4% from August 2012.
 
Historical metrics and financial information can be found on the Company's investor relations website at http://ir.gaincapital.com.
 

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  gain capital holdings  august forex operating metrics  forex.com august results  forex.com fx volumes  august 2013  us forex broker  united states fx market 

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