In congruence with many firms during November, GAIN Capital's retail and institutional divisions experienced decrements in trading volumes when compared with October's stellar performance
Read moreLeapRate has learned, via filings made with the US Securities and Exchange Commission (SEC), that one of Gain Capital's first and still largest investors has disposed of its entire stake in the company. Edison Ventures, a New Jersey-based VC firm, owned 5.41 million Gain Capital (NYSE:GCAP) shares worth about $44.6 million, or about 13.5% of…
Read moreAs of January 31, 2015, retail FX customers in the United States will no longer be able to fund their accounts by credit card as the NFA's proposals have been accepted by the CFTC, with deposits by electronic methods such as Paypal also excluded.
Read moreIt seems as though the recent increase in Gain Capital's share price, following the company's announced $118 million acquisition of City Index and stellar Q3 results, provided a good reason for a Gain Capital executive to sell some stock. In an SEC filing Gain Capital (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the…
Read moreUS retail client assets declined, even as global FX trading volumes set records during September. And the industry keeps getting more concentrated.
Read moreJust less than one week after GAIN Capital purchased British CFD and spread betting company City Index for $118 million, an industry insider close to City Index has explained that incumbent CEO Mark Preston may stand down as CEO and Chairman post-integtration
Read moreA giant among giants, GAIN Capital's campaign of acquiring FX firms and specialist trading companies has generated a tremendous economy of scale, with results for the third quarter of this year exponentially higher than those of the third quarter of 2013 and 39% higher than the loss-making Q2
Read moreShares of retail forex broker Gain Capital (NYSE:GCAP) were up as much as 27% in early trading Friday following the company's release of Q3 results (which included record quarterly revenues of $103 million), and of course the company's acquisition of leading UK spreadbetting and CFDs/FX broker City Index. We believe that most of the move…
Read moreWhile the big news is Gain Capital's acquisition of City Index, the brokerage also announced preliminary results today for the third quarter ended September 30, 2014. The results were pretty good and this is not surprising considering the company's record volume metrics from September. The numbers were particularly good for the retail segment which notched…
Read moreBreaking Forex Industry News.... US-based Gain Capital (NYSE:GCAP), which owns and operates the retail Forex.com and institutional GTX brands, has announced the acquisition of London-based financial spreadbetting firm City Index. Gain Capital is paying a total of $118 million, although from a cash perspective it will come out ahead by about $16 million. City Index…
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