GAIN Capital reports full detail regarding City Index deal - 5.3 million shares and $60 million principal
GAIN Capital's shareholders approved the issuance of 5,319,149 shares of the Company’s common stock and $60 million in aggregate principal amount of the Company’s unsecured convertible senior notes in connection with the Company’s acquisition of City Index (Holdings) Limited
Read moreTradeToolsFX incorporates Autochartist for binary options trading on MT4
Our software helps traders identify potential buy/sell opportunities essential when trading short term time frames associated with binary options" - Ilan Azbel, CEO, Autochartist
Read moreThomson Reuters adapts Eikon as regulators ban multilateral messaging
In the aftermath of the FX rigging cases which cost banks $4.3 billion in regulatory fines and further lawsuits, the use of instant messengers across multiple institutions became a subject of regulatory disdain, hence Thomson Reuters has now set the Eikon messenger to provide bilateral messaging with screening
Read moreGAIN Capital receives shareholder approval for acquisition of City Index Limited
"We are extremely pleased that our shareholders have recognized the compelling strategic and financial rationale for this transaction" - Glenn Stevens, CEO, GAIN Capital
Read moreTradeNext Prime expands institutional team with appointment of former 360T executive
Matthew Mumford, an FX industry figure with over 20 years experience spanning across roles at London Capital Group, Bloomberg, 360T and Tradebook, will be responsible for TradeNext's prime brokerage business
Read moreWant to acquire an FX firm? Dipak Rastogi knows how - LeapRate Interview
Former Citi Venture Capital senior executive Dipak Rastogi speaks to LeapRate about FX industry consolidation, what to look for when buying an FX firm, and his plans in his new role at CFH Group where he will assist in the firm's acquisition campaign
Read moreForex industry consolidation hits new heights as CFH Group hires Citi VC executive Dipak Rastogi
"As larger banks are pulling out of the prime brokerage space because of increasing margins and balance sheet requirements we view it as a great opportunity for smaller players to join us in a bigger effort to fill the gap left by the banks" - Christian Frahm, CEO, CFH Group
Read moreSafecharge revenues up 78% to $76.9 million in 2014
Safecharge has announced revenues of $76.9 million for the full year 2014, compared to $43.2 million in 2013. Following a very strong fourth quarter, confidence was high pre-announcement, with shares having traded up 5% yesterday
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