The Bitcoin third block halving event took place this Monday. Every four years the amount a bitcoin minor receives is cut in half as a deflationary measure. The Bitcoin reward has gone down to 6.25 BTC from 12.5BTC. The algorithm behind the halving is designed to limit the total number of Bitcoins issued to 21 million…
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An exchange-traded Bitcoin fund on a major global stock exchange is now a reality at the Toronto Stock Exchange (TSX) in Canada and 3iQ, the asset management firm that stayed the course for three years and which launched the fund this past Thursday. $14 million was invested on that eventful day with more to come…
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The average daily volume OTC trading made almost 80% MoM increase with $17.7 billion and 121% YoY. The number of futures contracts reached 701,820 for March, up by 1.3% MoM and 12.7% YoY. The MoM growth had been steady with marking 23% monthly rise in January and February this year.
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The US online trading services provider, GAIN Capital Holdings, Inc. (NYSE: GCAP), announces operating metrics for February 2020. The OTC trading volume for the retail segment was $198.7 billion, making a 23.1% increase in MoM and 47.8% up compared to February the previous year. The average daily volume OTC trading made a 35.6% MoM increase…
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INTL FCStone Inc. announced today the acquisition of GAIN Capital Holdings, Inc. The agreement is approved by the board of directors of both companies. INTL FCStone agreed to acquire GAIN Capital for $6.00 per share in all-cash transaction, amounting to approximately $236 million in equity value. INTL FCStone also agreed to make an offer at…
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The US online trading services provider, GAIN Capital Holdings, Inc. (NYSE: GCAP), announces operating metrics for January 2020. The OTC trading volume for the retail segment was $161.4 billion, making a 23.4% increase in MoM but still down 12.3% compared to January the previous year. The average daily volume OTC trading made a 17.7% MoM…
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The global provider of online trading services GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its operating metrics for the month of October 2019. OTC Trading Volume for the retail segment was up 13.5% MoM last month to USD171.9b, however dropped 25.6% YoY. OTC Average Daily Volume for the retail segment rose 4.2% MoM, yet…
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The global provider of online trading services GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its financial results for the third quarter of 2019. The US retail FX provider reported lower revenues in Q3, revealing GAAP net loss of $2.1 million, or loss of $0.06 per share (same period last year: net income of $10…
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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the month of July 2019. OTC Trading Volume was $135.8b last month - a slight drop with 1.4% from June's $137.7b, but a significant plunge with 25.5% YoY. OTC Average Daily Volume dropped with 14.5%…
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Enhancements include an expanded set of global FX and CFD markets, the introduction of equity CFD trading, upgraded trading platform & mobile apps and reduced pricing on FX and Indices FOREX.com, the retail forex brand of GAIN Capital Holdings, Inc. (NYSE: GCAP), today announced a significant upgrade of its FCA-regulated service in the U.K., featuring…
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