Tag: Gain Capital Holdings Inc (NYSE:GCAP)

June 08, 2018 BY LeapRate Staff

GAIN Capital May Retail FX volumes up 9% to $243 billion

Following a fairly slow April, FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) saw a healthy uptick in activity in May. Retail FX volumes were up by 9% MoM to $243.3 billion at the company's FOREX.com and City Index brands, or $11.1 billion in average daily volumes. Institutional volumes at GAIN's GTX brand soared by…

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June 07, 2018 BY LeapRate Staff

Exclusive: GAIN Capital discontinues FOREX.com money transfer business

LeapRate Exclusive... LeapRate has learned that FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has decided to discontinue its international money transfer business. The service was being offered only in the UK. GAIN Capital first announced plans in early 2016 to launch a separate money transfer business under the separate brand and website ForeignExchange.com. The business…

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June 03, 2018 BY LeapRate Staff

Exclusive: FOREX.com Head of Research James Chen jumps to Investopedia

LeapRate Exclusive... LeapRate has learned that popular FX research analyst and longtime Head of Research at FOREX.com, James Chen, has moved to Investopedia.com. Mr. Chen will become Investopedia's Director of Trading & Investing, taking a major role in the direction of the website's research and education products. James Chen has been Head of Research at…

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June 01, 2018 BY LeapRate Staff

GTX has best ever month in May 2018 ahead of sale to 360T

Just two days after announcing that it had been acquired by Deutsche Boerse's 360T for $100 million, institutional FX platform GTX has reported its best-ever month, setting record trading volumes in May 2018. May’s average daily volume at GTX ECN of $16.8 billion exceeded the previous $16.1 billion record set in February this year. Total…

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May 30, 2018 BY LeapRate Staff

GAIN Capital exits institutional FX, sells GTX for $100M to 360T

FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has made a surprise move by exiting the institutional FX business, announcing that it reached a definitive agreement to sell the company's GTX ECN business. GTX, an institutional platform for trading foreign exchange, will be sold to Deutsche Boerse AG (FRA:DB1), a leading diversified exchange organization providing…

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