Gain Capital (Forex.com) sees huge move to Asia

Asia-Pacific accounts for 74% (!!) of Gain's retail volumes in Q3
 
Oct. 31, 2011 - PRLog -- Gain Capital (Forex.com) announced its Q3 results late last week, confirming what we have seen from other firms such as FXCM and FxPro – trading volumes were way, way up during Q3, in the wake of tremendous volatility in both the FX and equity markets. However, Gain's Q3 report did include some surprises, including:

- Total move to Asia - now 74% of retail volumes.

- Dramatic drop in US volumes - just $12B per month in Q3.

- Increase in volumes has not translated into a meaningful rise in revenue or profit.

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Tags:Gcap, Gain Capital, Gain Capital Q3, Fxcm, Swissquote, FxPro, Forex Regulation, Forex volume
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