FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the second quarter of 2019. Key Financial Results for the Second Quarter 2019 include: GAAP net income of $0.9 million, or earnings of $0.02 per share GAAP net revenue of $75.5 million Adjusted net income…
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Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the appointments of Boris Levine as Head of IT Development and Rasmus Hansen as Head of Infrastructure Technology. Both executives report to Alastair Hine, Chief Operating Officer of GAIN Capital, and are based in GAIN's London office. Boris and Rasmus each bring many years of…
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After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. November activity, however, was down 10% MoM, dropping at $207 billion and continued plunging in December with 7% MoM. December volumes at GAIN Capital, which…
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After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. November activity at GAIN Capital, which operates the FOREX.com and City Index retail forex brands, was down 10% MoM, dropping at $207 billion. Number of…
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After reporting multi-year lows in trading volumes in September, data from Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) indicate that the company had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. October activity at GAIN Capital, which operates the FOREX.com and City Index retail forex brands,…
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Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on November 6, 2018. GAIN Capital, which operates the FOREX.com and City Index retail forex brokerage brands, announced its intention to buy back up to $50 million of its own…
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FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has reported its financial results for Q3-2018, indicating a healthy rise in Revenues and profitability during the third quarter of 2018, despite a dropoff in trading volumes and the sale of the company's GTX institutional division. Overall for Q3, Revenues at GAIN Capital came in at $95.5 million,…
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What are the FCA's plans for the "day after" in case a Hard Brexit happens, with no agreement in place with the EU on MiFID and passporting? Why did Playtech raise €530 million? Why is FOREX.com parent company GAIN Capital returning $50 million in capital to shareholders? How did the shares of Retail FX brokers do…
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Shares of leading publicly traded Retail FX and CFD brokers traded down on Wednesday and early Thursday, in concert with the global stock market selloff taking place over the last 24 hours. Led by a dive in US shares on Wednesday which saw the Dow Jones and S&P indices off by more than 3%, and…
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Shares of Retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) rose by more than 9% on Tuesday after the company revealed plans to buy back up to $50 million of its own shares. Gain Capital's plans involve a Dutch Auction style buyback, which will see it pay between $7.24 and $7.94 per share tendered in…
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