Tag: Gain Capital
Gain Capital to pay up to $500 for each FXCM client, conditions apply
Feb 10 2017 08:49:12 Jonathan Smith in Brokers
Following the regulatory penalties and dramatic exit of the largest US forex broker FXCM from the country and the subsequent announcement that Gain Capital is buying off FXCM's retail forex clients, new details are emerging about the deal.
It's finalized: Gain Capital gets FXCM's US retail forex clients
Feb 08 2017 08:46:16 Jonathan Smith in Brokers
Just a day after FXCM – the largest retail forex broker in the US – lost its NFA and CFTC licenses and got fined $7 million for misleading clients and misinforming the regulators, its main competitor Gain Capital confirmed it is acquiring FXCM's US retail clients.
FXCM gets $7 mln fine from CFTC, sells US business to Gain Capital
Feb 07 2017 08:31:03 Jonathan Smith in Brokers
In a surprising twist of regulatory fate, FXCM – the largest US retail forex broker – got banned from doing business there and was fined $7 million by the CFTC, all in the fateful afternoon of February 6, 2017. The reason: misleading customers and regulators.
Forex.com’s trading volumes drop by double digits in December
Jan 10 2017 15:17:56 Jonathan Smith in Brokers
According to the monthly metrics, provided on Gain Capital’s website, the over-the-counter (OTC) trading volume of its retail brand Forex.com dropped to $189.1 billion. The figure represents a decrease of 26.4% from previous month, and a drop by 33.
Gain Capital's November trading volume up 34.7% from previous month
Dec 13 2016 10:50:40 Jonathan Smith in Brokers
US forex broker Gain Capital, whose most popular brand is Forex.com, has reported that its over-the-counter (OTC) retail trading volume in November rose 34.7% from October, to reach $257 billion. The result is also 3.
Gain Capital’s GTX launches ECN FX matching engine in Japan
Nov 17 2016 11:56:50 Stanimir Zhelev in Brokers
Major brokerage Gain Capital Holdings (NYSE: GCAP) said its institutional brand GTX will launch a new matching engine for its flagship ECN in Tokyo.
Forex.com launches new premium account for high-volume traders in US and Canada
Nov 15 2016 09:06:08 Stanimir Zhelev in Brokers
The operator of Forex.com - GAIN Capital (NYSE: GCAP) - announced a new type of premium account on Monday. Designed for high-volume traders the new premium account will offer spreads as low as 0.
Gain Capital’s stock up by more than 10% after announcing key financial metrics
Nov 07 2016 07:40:27 Stanimir Zhelev in Brokers
On Thursday Gain Capital (a.k.a Forex.com) reported key financial metrics for Q1 – Q3 of 2106 and for October alone. According to the reports, overall October was not very good for the brokerage, however, it turned to a consolidated net profit of $14.
Gain Capital registers an increase in client assets in September
Nov 04 2016 09:16:28 Stanimir Zhelev in Brokers
According to the latest monthly report of the Commodity Futures Trading Commission (CFTC) on client assets handled by the few brokers left to operate in the US, Gain Capital handled a total of $130,430,508 customer obligations. The figure represents a slight increase of 0.
Gain Capital partners with Catchpoint for end-user experience monitoring solution
Oct 24 2016 13:15:57 Stanimir Zhelev in Brokers
Major forex broker Gain Capital (NYSE:GCAP) announced it has teamed up with digital analytics system developer Catchpoint to monitor its global online trading platforms and ensure high quality end-user experiences, especially in the Asian markets.
NFA bars Vankar Trading, IB of FXCM & Gain Capital
Oct 06 2016 08:49:24 Stanimir Zhelev in Brokers
The US National Futures Association (NFA) has announced on Tuesday it is permanently barring from membership Chicago-based Vankar Trading.
Gain Capital’s net income rises 28.6% in Q2 2016
Aug 05 2016 13:10:41 Stanimir Zhelev in Brokers
The second largest forex brokerage in the US in terms of trading volume and retail client assets, Gain Capital Holdings Inc. (NYSE:GCAP) a.k.a Forex.com, announced its financial results for Q2 and half-year of 2016 on Thursday.
Gain Capital’s July retail forex volumes continue downtrend, institutional segment performs better
Aug 05 2016 12:42:30 Stanimir Zhelev in Brokers
Except for the financial results for the first half and Q2 of 2016, Gain Capital a.k.a. Forex.com announced its July Operating Metrics on Thursday. According to the announcement, Gain Capital’s retail trading volume amounted $212.7 billion in July, 8.2% down MoM and 44.3% YoY.