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Gain Capital’s trading volumes continue to fall in Apr 2016
Gain Capital, the second largest forex broker in the US by retail trading volume and client assets, reported on Thursday it maintained its downward trend in trading volumes from global operations in April 2016 on a monthly and yearly basis, alike. The broker’s retail and institutional volumes have been declining since the start of the year. The broker’s retail trading volume from over-the-counter (OTC) operations fell 5% on the month to $12.2 billion last month, posting an annual drop of more than 30%. Institutional trading volume in the electronic communication network (ECN) broking segment amounted to $163.2 ... (full story)
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