FX brokerage group GAIN Capital Holdings Inc. (NYSE:GCAP), which operates the FOREX.com and City Index Retail Forex brands, has announced that it commenced a "modified Dutch auction" tender offer to purchase up to $50 million of shares of its common stock, or such lesser number of shares of its common stock as are properly tendered and not properly…
Read more
Validus platform now integrated with CQG Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, has just announced that FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has gone live as a client. GAIN has deployed Eventus’ cloud-based version of the Validus platform to manage the market surveillance program for its…
Read more
Continuing something of a disturbing trend over the past few months, data from FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) indicate that September was the company's slowest as far as trading volumes go looking back a number of years. GAIN Capital, which operates the Forex.com and City Index online retail trading brands, reported volumes of…
Read more
Retail FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP), parent company of FOREX.com, has announced that Mark Richards, a member of the Board of Directors was resigning from the Board, effective immediately. Mark Richards, CEO of IPGL Limited, was appointed to the GAIN Capital Board less than a year ago, as the IPGL representative on the…
Read more
FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has just released steady, yet still a bit low monthly activity for August 2018. OTC Trading Volume was down with 4% from previous month. Number of Futures Contracts went up to 576,140. Low market volatility, outside of a few situational items like the Turkish Lira movement, continued…
Read more
Gain Capital Holdings Inc (NYSE:GCAP) has just announced the appointment of Alex Howard as Managing Director, APAC (excluding China), effective September 3, 2018. In the newly created role, Alex Howard will be responsible for the overall strategic execution and performance of GAIN's retail business in Australia, Singapore, Japan and Southeast Asia. Mr. Howard will be…
Read more
Gain Capital Holdings Inc (NYSE:GCAP) has just reported its operating metrics for the month of July 2018. After a very strong first half of the year, the numbers begin 2H-2018 a little slower at FOREX.com and City Index, Gain's two main Retail trading brands, though mainly due to typically slow summer trading and quieter market…
Read more
In a quarter which was much more about strategic, long-term focused moves than about numbers, FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has reported its financial figures for Q2-2018 that take a little time to digest. The company has restated historical figures due to the sale of the company's institutional FX division GTX, which was acquired…
Read more
Continuing a string of fairly anemic volume reports we have seen for the month of June 2018 from leading Retail and Institutional FX platforms, Gain Capital Holdings Inc (NYSE:GCAP) has reported that retail volumes - consisting mainly of activity at its FOREX.com unit, as well as City Index - declined by 12% from May, coming…
Read more
FCA and CySEC licensed Retail FX brokerage group FXTM has announced the appointment of Alexis (Lex) Webster as the company's new Chief Commercial Officer. As CCO, Lex will be responsible for overseeing various functions within the company, including the Sales, Marketing, Market Research and Partnership Support departments. Lex is a well-known figure in the financial services…
Read more