GFT announces migration of clients to City Index
Following GAIN's $118 million acquisition of City Index in October last year, clients of GFT are set to be moved to City Index over the weekend of August 29th-30th.
Read moreFollowing GAIN's $118 million acquisition of City Index in October last year, clients of GFT are set to be moved to City Index over the weekend of August 29th-30th.
Read moreIs Gain Capital, as well as other forex brokers, facing increased competition and lower spreads?
Read moreAshraf Laidi, one of the more respected and experienced currency strategists in London, has left his position at City Index as Chief Global Strategist after three and a half years at the firm
Read moreLeapRate's Take: We were expecting an increase in retail volumes, since the City Index acquisition formally closed at the beginning of April. However, institutional volumes followed April's wider industry trends and reported down MoM.
Read moreCity Index CEO Mark Preston and Global Head of HR Martine Skinner have left the company in top level restructure
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Read moreNet purchase price was just $77 million, given $71 million of cash at City Index.
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Read more"We are extremely pleased that our shareholders have recognized the compelling strategic and financial rationale for this transaction" - Glenn Stevens, CEO, GAIN Capital
Read moreCity Index rolls out world first real time mobile trading widget which it sits trading activity alongside the diary function in smartphones, whilst Excel based trading platform hits the market allowing full customisation by traders
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