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GAIN Capital’s Forex.com July FX trading volumes drop 15% to $182 billion

From leaprate.com

Gain Capital Holdings Inc (NYSE:GCAP) has just reported its operating metrics for the month of July 2018. After a very strong first half of the year, the numbers begin 2H-2018 a little slower at FOREX.com and City Index, Gain’s two main Retail trading brands, though mainly due to typically slow summer trading and quieter market conditions as CEO Glenn Stevens mentioned in his commentary on the report (see below). Retail volumes declined by 15% from June 2018, coming in at $182 billion. Number of Futures Contracts were down by 21% MoM to 491,287. In its Q2-2018 report, Gain Capital has restated historical figures due ... (full story)

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