Gain Capital Holdings Inc (NYSE:GCAP), an international provider of online trading services, has made it to Fortune magazine’s 100 Fastest Growing Companies for the first time.
Gain Capital ranked #44 on the 19th annual list of public companies recognized for their profits, revenue and stock growth. GAIN has a three-year earnings per share (EPS) growth rate of 56%, revenue growth of 34% and total return growth rate of 28%.
“GAIN’s strategy over the past few years has been to achieve the scale necessary to allow us to establish a clear leadership position and more successfully compete in our increasingly competitive global industry,” commented Glenn Stevens, CEO of GAIN Capital.
“This goal has driven both our organic growth efforts and our M&A strategy. Our acquisitions of City Index, GFT, Open eCry, GAA/Daniels Trading and Galvan Research in the past three years, along with organic growth across our retail, institutional and futures segments, have all contributed to increasing the scale in our business and growing our financial results. We are pleased that our success is being recognized.”
In April this year, GAIN Capital completed its latest acquisition, the purchase of the UK-based City Index, establishing a combined online trading business with pro forma revenue of $539 million, retail and institutional customers in more than 180 countries and approximately $1.1 billion in customer assets, handling in excess of $3 trillion in trade volume annually.
To view the official announcement by Gain Capital, click here.