Gain Capital hires KCG’s Jason Emerson as its new CFO

Jason Emerson becomes Gain Capital’s third CFO since its IPO in 2010.

Forex broker Gain Capital, which operates the retail and institutional Gain GTX brands, announced today the hiring of James Emerson as its new CFO.

James Emerson was most recently Managing Director and Business Manager of KCG’s Global Execution Services division, responsible for all financial and operational aspects of the business. Prior to KCG, Emerson held financial and operational positions at Instinet, Merrill Lynch and PricewaterhouseCoopers. 

Emerson replaces interim Gain CFO Daryl Carlough, who held the ‘interim’ title for nearly two years. Carlough, who will be leaving Gain Capital altogether, replaced Henry Lyons, who was brought in by Gain prior to its 2010 IPO. Lyons left less than a year after Gain Capital’s IPO.

James Emerson joins Gain Capital at a time when it and rival FXCM are very much in favor on Wall Street. After seeing its shares languish for nearly two years after going public, Gain Capital shares are up 145% so far in 2013, topping its $9 IPO price, while FXCM shares are up 86% in 2013.

To see the complete Gain Capital press release click here.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.



Read Also: