Tag: Forex.com

September 05, 2023 BY Elizabeth Anderson

FOREX.com presents latest trading times survey

To analyze global trading patterns, the experts at FOREX.com conducted a large-scale survey with 3,000 experienced traders, and uncovered the most popular and opportune times for executing trades.  Survey Key Findings:  The first hour of the trading day is the most favoured time to execute trades globally, across all asset classes, according to the survey…

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NFA Fine
December 09, 2022 BY Steffy Bogdanova

Gain Capital fined $700K by NFA for compliance violations

Gain Capital stopped the system malfunction but before it had done so it had incurred a loss of about $3 million. The company also made negative adjustment of the accounts of 17 customers by about $2.84 million and the positive adjustment of 33 customer accounts by about $35,000. These actions were approved by Gain Capital's…

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October 14, 2022 BY Steffy Bogdanova

FOREX.com announces offering automated trading strategies with Capitalise.ai

The interface "wizard" Capitalise.ai allows traders with FOREX.com trading accounts to create trading strategies or alerts, automatically executable with no-code through free-style English text input tool. The automated trading plans can feature up to hundreds of entry or exit conditions. Capitalise.ai algorithm trading relies on artificial intelligence and machine and is available to all traders,…

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Forex.com Canada
March 17, 2022 BY Steffy Bogdanova

FOREX.com expands offering in Canadian market

Glenn Stevens, CEO of the retail business of StoneX Group Inc., commented: Our mission at StoneX is to open markets, and this expansion of our FOREX.com offering in the Canadian market is an important part of providing comprehensive access to the retail investor. We also give retail investors the ability to trade the way they…

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October 18, 2021 BY Steffy Bogdanova

Forex.com expands in Latin America

Forex.com stated: We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America. Forex.com’s operator, Gain Capital was acquired by US-based StoneX Group last year in July for $236 million.

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Gain Capital’s trading volumes
July 24, 2020 BY Steffy Bogdanova

GAIN Capital reports $101 million net revenue for Q2 2020

Glenn Stevens, CEO of GAIN Capital commented: A second quarter of high volatility, due in part to the ongoing economic concerns over the COVID-19 virus, allowed Gain to continue to benefit from high daily volumes, up 28% year on year, revenue capture of $150 plus improved operational leverage arising from a successful focus on cost…

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Canadian regulator approves StoneX acquisition of GAIN Canada
July 02, 2020 BY Steffy Bogdanova

Canadian regulator approves StoneX acquisition of GAIN Canada

As per the agreement, financial services provider INTL FCStone would acquire Gain for $6.00 per share in all-cash transaction, amounting to approximately $236 million in equity value. NTL FCStone has also agreed to make an offer at closing to repurchase GAIN Capital’s $92 million convertible notes due 2022 as part of the transaction. Financial services…

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Gain Capital forex.com
May 11, 2020 BY Steffy Bogdanova

Gain Capital’s April trading volumes drop by over 50% MoM

The average daily volume OTC trading dropped by 51% MoM with $8.6 billion, compared to March when it was 17.7%. Futures contracts amounted to 567,189 in April, a 19.2% MoM drop compared to 701,820 last month. The retail FX brand of Gain Capital Holdings Inc, Forex.com's Japanese business reported that on 14 April 2020 its…

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