Hurricane Sandy causing all sorts of capital markets problems…
As we wrote earlier was likely to happen, Gain Capital (Forex.com) formally announced that it will not be releasing its Q3 results today (Tues Oct 30), but rather will come out with Q3 numbers after close of the markets on Thursday (Nov 1).
Gain Capital, at least from a human resources perspective, was hit a lot harder than many other companies by Hurricane Sandy, as its two main locations — Bedminster, NJ and downtown Manhattan — were both right in the path of the storm.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.