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Polish FX company EFIX has appointed ex GKFX CEO and GFT exec Ashraf Ebid as Chief Executive Officer

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Acquisition will actually be net cash positive for Gain Capital.

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Gain's share price is down 20% since deciding to go it alone.

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Stock market not exactly pleased with the Gain-GFT deal, nor with FXCM's withdrawal of its offer to purchase Gain Capital.

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Gain Capital management has succeeded, it seems, in scaring off FXCM by using its cash to buy GFT.

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Emboldened by much better Q1 results, Gain Capital (Forex.com) is going it alone.

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Gain Capital is to (potentially) make only back-end payments to GFT, based on volume.

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CFTC December data shows some big changes in the US retail FX market.

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A no-warnings, overnight interpretation decision by the NFA led to some scrambling by otherwise well-capitalized FX brokers.

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But poor planning left GFT's clients unable to trade for several days.

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  • Kelvin says #
    Mr
    please update me any FX news
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