Tag: NYSE:GCAP

November 22, 2013 BY Gerald Segal

Plus500 up 17%, Gain Capital down 17% Thursday – WTF?

The stock market likes exceeding expectations. It does not like convertible bonds. Most of us in and connected to the forex industry understand that we are all together in one big boat. Rising industry volumes generally mean good times for (most) everyone, while slow volumes hurt (nearly) everyone. There are always the haves and have-nots,…

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October 31, 2013 BY Gerald Segal

Gain Capital Q3 revenues drop 17%, profits dive 73%

GCAP's magical Q2 was (as expected) not replicated in Q3, although margins remained strong. Forex broker Gain Capital (NYSE:GCAP), which operates the retail Forex.com and institutional Gain GTX brands, reported decent Q3 financial results although well below Gain's Q2 blowout record numbers. If you recall, Gain reported its best ever quarter for revenues, EBITDA, and…

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