Tag: Glenn Stevens

February 14, 2018 BY Valentina Kirilova

GAIN Capital with a positive comment on recent market volatility

GAIN Capital Holdings, Inc. (NYSE: GCAP) has commented on recent market volatility while presenting at the Credit Suisse 19th Annual Financial Services Forum. Here's what Glenn Stevens, GAIN Capital's CEO, said at the Forum yesterday: It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets…

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February 08, 2017 BY Valentina Kirilova

GAIN Capital CEO comments on acquisition of FXCM U.S. retail clients

Following our earlier report that New York based retail forex broker FXCM Inc (NASDAQ:FXCM) had been banned from the US market (alongside bans for CEO Drew Niv and co-founder William Adhout) after FXCM settled allegations of defrauding customers regarding its market making activities, FXCM has put out a statement confirming the settlement with US regulators CFTC…

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February 08, 2017 BY LeapRate Staff

Gain Capital finalizes acquisition of FXCM's US clients

Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has announced that it has reached a definitive agreement to acquire the US clients of rival FXCM Inc (NASDAQ:FXCM). Gain declined to say how much it was paying for the FXCM US client base. However we believe that very little cash changed hands (more on that below). Gain…

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gain capital payments
December 09, 2016 BY LeapRate Staff

CEO of Gain Capital's ForeignExchange.com money transfer business Jeff Scott resigns

LeapRate Exclusive... LeapRate has learned that Jeff Scott, until recently the COO of Gain Capital Holdings Inc (NYSE:GCAP), has left the company. Mr. Scott has resigned his relatively new position as CEO of Gain's recently-launched ForeignExchange.com money transfer business. Jeff Scott had been COO of Gain Capital, and the #2 executive to co-founder and longtime Gain Capital…

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April 03, 2016 BY LeapRate Staff

Forex Industry Week Review - New websites for FXStreet and Forex.com, CySEC fines, weak March FX volumes, and lots more

Continuing a theme we've seen among many participants in the Forex industry, this week saw LeapRate report exclusively on upcoming website / GUI changes at two of the better know names in Retail Forex: popular trader site FXStreet, and broker Forex.com. Our most popular guest post of the week is courtesy of Leverate's Ben Richter on…

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March 17, 2016 BY LeapRate Staff

Gain Capital shares drop 7%, set new 52 week low

Retail Forex broker Gain Capital Holdings Inc (NYSE:GCAP), parent of the Forex.com and City Index brands, saw its share price drop a further 7% on Wednesday to close at $6.68, its lowest closing price since January. During the trading day Gain shares actually dropped as low as $6.15 - down 14% on the day - before…

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February 10, 2016 BY Maria Nikolova

GAIN Capital establishes international money transfer business, set to launch in Q2'16

Online trading services provider Gain Capital Holdings Inc (NYSE:GCAP) today unveiled its plans to launch a new international money transfer business. The new venture, named GAIN Capital Payments Ltd., will operate under the ForeignExchange.com brand name. Apparently GAIN Capital has owned and parked the foreignexchange.com website url for 15 years. The company's main retail forex…

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