June 13, 2016 BY LeapRate Staff
US Retail Forex assets drop below $500 million in April
Oanda passes Gain Capital / Forex.com into the #2 slot in US Retail Forex, behind industry leader FXCM.
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June 10, 2016 BY LeapRate Staff
GAIN Capital reports 13% decline in Retail Forex trading volumes in May
Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported its operating metrics for the month of May 2016. In line with declines we have seen at most other leading brokers in May, Gain Capital saw volumes at its Forex.com retail forex unit drop 12.7% to $223.4 billion for the month. Volumes at Gain's GTX…
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June 01, 2016 BY LeapRate Staff
Gain Capital's GTX reports May volumes down 12%
GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that May volumes decreased by 12% from April, and were down by 1% from last year May. ECN and SEF trading saw volumes average $6.9 billion daily during May. Note that the registered swap dealer is an agency voice…
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May 27, 2016 BY LeapRate Staff
Gain Capital, FlexTrade and Tera Group subs recognized as Swap Execution Facilities (SEFs)
U.S. futures industry regulator the Commodity Futures Trading Commission (CFTC) has announced that it has issued Orders of Registration to three Swap Execution Facilities (SEFs), granting them fully registered status with the CFTC. The SEFs approved for registration are: GTX SEF, LLC (GTX) of Bedminster, N.J., TeraExchange, LLC (Tera) of Summit, N.J., and FTSEF LLC…
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May 25, 2016 BY LeapRate Staff
SEC bans Broker-Dealers from retail forex transactions - LeapRate Exclusive
Is this the first step by US regulators to possibly ban altogether highly leveraged retail forex trading?
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May 23, 2016 BY LeapRate Staff
Gain Capital's GTX adds senior FX sales staff from BTIG
David O’Connor and Jean Darsses Join as Managing Directors to Support Global Sales of Spot and Covered FX Products
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May 23, 2016 BY LeapRate Staff
Gain Capital's GTX adds senior FX sales staff from BTIG
David O’Connor and Jean Darsses Join as Managing Directors to Support Global Sales of Spot and Covered FX Products
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May 17, 2016 BY LeapRate Staff
Saxo Bank hires away Gain Capital's Ben Smoker as Australia CEO
LeapRate has learned that retail forex broker Saxo Bank has hired Ben Smoker away from rival Gain Capital Holdings Inc (NYSE:GCAP) to act as CEO of its ASIC regulated subsidiary in Australia, Saxo Capital Markets (Australia) Pty Ltd. Ben Smoker has been Country Head of Gain Capital Australia for the past three-plus years. He was previously in…
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May 17, 2016 BY LeapRate Staff
Saxo Bank hires away Gain Capital's Ben Smoker as Australia CEO
LeapRate has learned that retail forex broker Saxo Bank has hired Ben Smoker away from rival Gain Capital Holdings Inc (NYSE:GCAP) to act as CEO of its ASIC regulated subsidiary in Australia, Saxo Capital Markets (Australia) Pty Ltd. Ben Smoker has been Country Head of Gain Capital Australia for the past three-plus years. He was previously in…
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May 05, 2016 BY Maria Nikolova
GAIN Capital posts 52.7% YoY increase in net income in Q1 2016
Gain Capital Holdings Inc (NYSE:GCAP) has lately been quite active when it comes to financial metrics, especially when it comes to restating them. Following the publication of restated numbers for the first three quarters of 2015 and full year 2015, the online trading services provider today posted some key financials for the first three months of…
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