GAIN Capital Comments on Recent Market Volatility
BEDMINSTER, N.J., Feb. 13, 2018 /PRNewswire/ — GAIN Capital Holdings, Inc. (NYSE: GCAP) (“GAIN” or “the Company”) today commented on recent market volatility while presenting at the Credit Suisse 19th Annual Financial Services Forum.
“It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets is leading customers to consider alternative trading venues,” commented Glenn Stevens, GAIN Capital’s CEO. “As evidenced in our January 2018 monthly metrics report, client engagement has been strong in the early part of the year, with retail OTC and institutional average daily volume up 38 percent and 33 percent, respectively, over the same metrics in December. While macroeconomic uncertainty and increased market speculation creates a positive operating environment for GAIN, we remain focused on positioning the Company for growth in both low and high volatility markets.”
GAIN Capital Holdings, Inc. provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities, and global equities. 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.
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SOURCE GAIN Capital Holdings, Inc.