Gain Capital UK sees improved performance in 2015 after City Index acquisition LeapRate

October 07, 2016 BY LeapRate Staff

Gain Capital UK sees improved performance in 2015 after City Index acquisition

Gain Capital UK Limited, the FCA regulated arm of global retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported its financial statements for 2015 indicating significant improvement for the company. The results are essentially for the City Index business which Gain Capital acquired in April 2015 for $118 million. We'd also note that the results…

November 04, 2015 BY LeapRate Staff

GAIN Capital shares pop 9% after reporting good Q3 results

Looks like it was a good day all around for Gain Capital. After reporting fairly decent financial results Tuesday morning, shares of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) shot up 9% Tuesday to close at $8.25 - their highest level in about two months, and stemming what can best be described as a slow…

October 21, 2015 BY LeapRate Staff

New XTB retail chief Joshua Raymond - LeapRate Exclusive Interview

Joshua Raymond, who joins XTB Online Trading after a decade in various roles at City Index, discusses UK Forex market share, growing abroad, and the challenges of his new job.

October 14, 2015 BY LeapRate Staff

XTB hires longtime City Index marketing chief Joshua Raymond as Head of Retail - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that Forex platform and brokerage firm XTB has hired Joshua Raymond to act as head of its retail brokerage arm XTB Online Trading in the UK. Raymond will report directly to XTB CEO Jacob Zablocki, who will continue to oversee both the retail (XTB) and institutional (X Open Hub) sides…

December 31, 2014 BY LeapRate Staff

LeapRate's Top Forex Industry News Stories of 2014

It has been quite a year in the forex industry in 2014. We're exiting the year with near-record volatility in key currency pairs such as the EURUSD and EURCHF, as well as Yen and Ruble pairs. The USD is at multi-year highs, while Crude Oil is at multi-year lows. Valuations of publicly traded forex brokers…

October 31, 2014 BY Gerald Segal

Gain Capital shares soar 25% as investors cheer Q3 results and City Index acquistion

Shares of retail forex broker Gain Capital (NYSE:GCAP) were up as much as 27% in early trading Friday following the company's release of Q3 results (which included record quarterly revenues of $103 million), and of course the company's acquisition of leading UK spreadbetting and CFDs/FX broker City Index. We believe that most of the move…

October 31, 2014 BY Gerald Segal

Gain Capital expands UK presence by acquiring City Index for $118 million

Breaking Forex Industry News.... US-based Gain Capital (NYSE:GCAP), which owns and operates the retail Forex.com and institutional GTX brands, has announced the acquisition of London-based financial spreadbetting firm City Index. Gain Capital is paying a total of $118 million, although from a cash perspective it will come out ahead by about $16 million. City Index…

Tag: Gain Capital buys City Index