GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported 11% YoY rise in 2016 FX volumes. November marked a record in average daily volume (ADV) for the GTX ECN with $10,340 billion. December, on the other hand, was not bad either with a total of $9,187 billion. The complete…
Read more
Next in line with its November volumes report pops up GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), which has reported that November was the second top month for its FX volumes this year. November marked record average daily volume (ADV) for the GTX ECN of $10,340 billion. Previous high water…
Read more
Company to increase focus on solutions as regulation reshapes the FX Market GTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc. (NYSE: GCAP), has announced the appointment of Edward Brown as Chief Executive Officer of GTX SEF, LLC, a Swap Execution Facility (SEF). Mr. Brown joins with over 25 years' experience in…
Read more
More than nine months after first announcing the plans, Retail forex broker Gain Capital Holdings, Inc. (NYSE:GCAP) has finally announced the Beta launch of ForeignExchange.com, its new international money transfer service, in the UK market. LeapRate initially reported on the planned launch of ForeignExchange.com, as indicated above, in February. Earlier this month Gain Capital had…
Read moreGlobal retail forex broker GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported certain operating metrics for the month of September 2016. Retail Segment Metrics OTC average daily volume of $9.4 billion, an increase of 13.2% from August 2016 and a decrease of 40.3% from September 2015. OTC trading volume of $207.8 billion, an increase of 8.3% from…
Read moreAnother piece of news from GAIN Capital Holdings Inc. (NYSE: GCAP) we learned that GTX, the institutional foreign exchange trading arm of GAIN and Nightberg, an independent macro strategy firm founded by former hedge fund strategists, are partnering to distribute Nightberg’s full suite of investment research to institutional FX traders. The product will be provided on…
Read moreGTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc. (NYSE: GCAP), will launch a new matching engine for its flagship ECN in London October 15, 2016. A Tokyo-based matching engine is planned to come online within 90 days. At launch, liquidity on the LD4 matching engine will supplied by more than 10…
Read moreIPOs, industry consolidation and major website makeovers highlight our list of how the industry will continue to evolve in the new year.
Read more