Tag: Gain Capital Holdings Inc (NYSE:GCAP)

February 08, 2017 BY LeapRate Staff

Gain Capital finalizes acquisition of FXCM's US clients

Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has announced that it has reached a definitive agreement to acquire the US clients of rival FXCM Inc (NASDAQ:FXCM). Gain declined to say how much it was paying for the FXCM US client base. However we believe that very little cash changed hands (more on that below). Gain…

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February 07, 2017 BY LeapRate Staff

FXCM sells its US clients to Gain Capital as it exits US Forex market

Following our earlier report that New York based retail forex broker FXCM Inc (NASDAQ:FXCM) had been banned from the US market (alongside bans for CEO Drew Niv and co-founder William Adhout) after FXCM settled allegations of defrauding customers regarding its market making activities, FXCM has put out a statement confirming the settlement with US regulators CFTC…

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forex industry news update
February 05, 2017 BY LeapRate Staff

Forex Industry Week Review: IG and Forex.com redo Affiliate programs, CySEC's new marketing rules, and lots more...

Forex Industry News at LeapRate has a very 'affiliate' feel to it this past week, with LeapRate reporting exclusively about major changes made to the affiliate programs at two of the leading online brokers on both sides of the pond, Gain Capital Holdings Inc (NYSE:GCAP) and IG Group Holdings plc (LON:IGG). On the regulatory side of…

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IG Group office
February 02, 2017 BY LeapRate Staff

IG Group to launch new Affiliate program features on February 5 - LeapRate Exclusive

LeapRate Exclusive.... It looks like one of the key strategic goals of 2017 for leading Forex and CFD brokers is to increase affiliate traffic. Just a day after we reported exclusively that New York based Gain Capital Holdings Inc (NYSE:GCAP) was getting set to launch a new-and-improved affiliate program, using third party affiliate management software from the…

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February 01, 2017 BY LeapRate Staff

Gain Capital set to launch new affiliate program using Paysafe's Income Access - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that Gain Capital Holdings Inc (NYSE:GCAP) is preparing the launch of a new affiliate program, using third party affiliate software from Income Access. Montreal-based Income Access was acquired last year by payment systems provider Paysafe Group Plc (LON:PAYS) for $30 million. The new program will include affiliates of all of…

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February 01, 2017 BY LeapRate Staff

Gain Capital's institutional FX arm GTX sees record ECN volumes at $12.1 billion in January

GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that 2017 started off strong with record ECN volumes of $12.1 billion ADV in January. The $12.1 billion topped last November's $10.3 billion figure at GTX. Overall, including GTX's swap dealer business which provides “voice” agency execution services, total…

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January 10, 2017 BY Valentina Kirilova

GAIN Capital reports weak operating metrics for December 2016

GAIN Capital Holdings, Inc. (NYSE: GCAP) just reported its operating metrics for the month of December 2016 and they don't look so good. Retail Segment Metrics OTC average daily volume of $8.6 billion, a decrease of 26.4% from November 2016 and 33.4% from December 2015. OTC trading volume of $189.1 billion, a decrease of 26.4% from…

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Stax Inc. teams up with Coleman Research
January 05, 2017 BY LeapRate Staff

Forex broker trade data disclosure rules to be effective March 31: NFA

National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry, has announced that its new proposed rules regarding trade data disclosure around Forex transactions will become effective as of March 31, 2017. We had reported back in November that the NFA decided that more transparency was needed in retail forex transactions - in…

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