Mille Lees Mille Lees, Wednesday 11th December 2019, 12:58 PM CET
gain capital holdings, 2020 fiscal year

Trading Volumes Drop for Gain Capital Holdings

Last month Gain Capital Holdings thought there was a chance for profits to rebound. Unfortunately, a significant drop in trading activity industry-wide has forced the brokerage into lower profits once again. These statistics are the result of continuous declining volatility in the blockchain industry, which applies on a monthly and yearly scale.

Subsequently, all momentum acquired last month has been lost. Looking at this time last year, more than $171 billion was earned by Gain Capital Holdings. During 2019, that figure has dropped to $125.6 billion. This has caused a 26.9% decrease in trading volumes for the global brokerage.

These figures are the overall trading volumes, which we have deciphered into each category. When looking at their OTC Retail Volumes, this product with Gain Capital dropped by 39.4%. These latest figures confirmed that there has been a consistent downward trend market-wide in the last few months.

Gain Capital Trading

FX Volumes have been the most significant form of trading to drop by large percentages for Gain Capital Holdings. It was also noted that daily activity on their exchange dropped by 20% month-to-month since October. Daily volumes on the year-to-year scale from 2018 to 2019 came at a higher loss of percentages at 36%. Many analysts believe that this is the result of growing legislation.

Additional Figures

Somehow the active accounts created for the retail sector of Gain Capital Markets grew last month. Throughout November, they acquired more than 121 thousand new registrants. This was a thousand higher than October’s recorded registrants, but lower than the same period in 2019.

Subsequently, it seems that the overall market is becoming less appealing due to increased legislation. This was proven with the continued fall of Futures Trading, which dropped by 26.9% at 478 thousand contracts. In October 2019, that figure was at 594 thousand contracts.

It appears that until worldwide governments can comprehend the concept of decentralized legislation, the market will continue to drop. Standard traders and investors were prompted to this form of trading due to its unconventional assets in comparison to Wall Street.

Mille Lees

Author: Mille Lees

Millie has been with whichbroker.com since the start. She has a passion writing financial news after an internship at Bloomberg London. Millie's background in journalism and politics means she has an eye for a good story. Millie graduated from LSE and has a masters from Durham University England. Mille Lees can be contacted at [email protected], View all posts by Mille Lees

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