Financial analysts proclaimed that advancements in industry-wide engagement would follow throughout the 2020 fiscal year. This was proven with Gain Capital Holding Incorporated’s consistent increase in aggregated trading volumes. Throughout the last two months, Gain Capital has seen stronger presences of foreign trading under their respective networks. It’s allowing for multi-year lows for the retail market to be repaired, with trading volatility expected to deplete over the next fiscal year. Shocking financial analysts globally, the retail market for Gain Capital is performing better than their foreign exchange. Reports were recently released that provide insight into the January 2020 economic statistics from Gain Capital, which indicate that they weren’t able to succeed the 2019 FX valuation this year.
This detailed report from Gain Capital Holdings proved that retail clientele transacted $161 billion throughout January 2020. This is an increase of 23% in comparison to December 2019. However, when you look at previous volumes with Gain Capital during peak markets last year, the retail volumes depleted by 12%. This doesn’t mean that the upward trend seen recently isn’t new growth. Former traders with the Gain Capital exchange left for other markets with local regulation became too severe. The new clientele is abiding by the new laws, showing that a regulated retail market is growing for Gain Capital. This has been the long-term goal, with daily volumes now exceeding $7.3 billion. When applying the baseline month-to-month increase in trader activity, GCH stands at $7.3 billion.
Gain Capital Rebounds
The Chief Executive Officer for Gain Capital, Glenn Stevens, commented in the increased retail volumes. He stated: “Trading conditions in January saw a solid improvement over December and the fourth quarter in general, with Retail daily volumes increasing 18% and Futures up 36% month on month. Coming off a prolonged period of low volatility during 2019, we remain focused on our longer-term strategy but are encouraged by how the new year has begun.”
It should be noted that active accounts under the retail-blockchain market have increased by an average of 1,300.00 per month. This was proven again throughout January, which saw more than 123+ thousand active members engaging in retail trades. Considering that previous heights in trading activity stood at 122+ thousand for Gain Capital, this indicates that there’s an increased presence of traders on their exchange. It’s just each respective trader isn’t spending the substantial funds seen throughout the 2017 and 2018 fiscal years.