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.
Gain Capital management has succeeded, it seems, in scaring off FXCM by using its cash to buy GFT.
Emboldened by much better Q1 results, Gain Capital (Forex.com) is going it alone.
Gain Capital is to (potentially) make only back-end payments to GFT, based on volume.
CFTC December data shows some big changes in the US retail FX market.
A no-warnings, overnight interpretation decision by the NFA led to some scrambling by otherwise well-capitalized FX brokers.
But poor planning left GFT's clients unable to trade for several days.
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Mrplease update me any FX news
NFA has made it impossible for all but largest of online brokers to survive.
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maybe GFT bailed because NFA w...
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FX CLUB??seriously.. fxclub is your comparison.. they had zero us customer base. next on the list to go, fxsol, fxdd
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RE:FX CLUB??Thanks John. Good point, but FX Club wasn't shown or meant as a comparison here, just a recent example of a firm that closed down
Oanda accounts for more than half the overall increase.
