Tag: Gain Capital Holdings Inc (NYSE:GCAP)

Gain Capital forex.com
November 08, 2017 BY LeapRate Staff

GAIN Capital hires former IG Group executive Alastair Hine as COO

FX brokerage group Gain Capital Holdings Inc (NYSE: GCAP) has announced that Alastair Hine was appointed Chief Operating Officer effective November 6, 2017. Mr. Hine will be based in GAIN Capital's London office and report directly to Chief Executive Officer, Glenn Stevens. Alastair Hine joins GAIN Capital from IG Group Holdings plc (LON:IGG), where he spent the last 18 years in senior leadership…

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forex industry news update
November 05, 2017 BY LeapRate Staff

FX Industry Week Review: Fake MT4 in China, ETX's CEO departs, FX affiliate financing, Poland regulation, and lots more…

Forex Industry News from the past week... Which EU country delayed plans to further limit leverage in Retail FX trading? Which longtime FX broker CEO jumped from one FCA regulated firm to another? Which leading FX affiliate group raised $10 million to pursue acquisitions? Why did shares of Gain Capital Holdings Inc (NYSE:GCAP) pop by 20%?…

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Andrew Edwards Saxo Bank
November 01, 2017 BY LeapRate Staff

Exclusive: Andrew Edwards out as CEO of FX broker ETX Capital

LeapRate Exclusive... LeapRate has learned that the longtime CEO of London-based FX, CFDs and spreadbetting broker ETX Capital, Andrew Edwards (pictured above), has resigned. We also understand that Mr. Edwards has left ETX to take a similar job at a rival firm, which will be unveiled shortly. Replacing Mr. Edwards as CEO of ETX Capital,…

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Gain Capital forex.com
October 30, 2017 BY LeapRate Staff

Shares of FX broker GAIN Capital rise 20% after posting Q3 results

Shares of Retail and Institutional FX broker Gain Capital Holdings Inc (NYSE:GCAP) rose 20% on Friday, after the company reported its Q3 results after markets closed on Thursday evening. GAIN shares closed the week at $7.35, up more than $1 from Thursday's close of $6.14. This also represents GAIN Capital shares' highest trading level since May.…

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Gain Capital forex.com
October 27, 2017 BY Valentina Kirilova

GAIN Capital Q3 Revenues up 13% YoY

GAIN Capital Holdings, Inc. (NYSE: GCAP), the global provider of online trading services, and its Forex.com retail forex unit announced financial results for the third quarter of 2017, indicating that: Net revenue increased 13% year-over-year to $81.3 million GAAP net loss of $2.6 million, or $0.04 per share; adjusted net income of $2.1 million, or $0.05…

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US retail forex market
October 26, 2017 BY LeapRate Staff

US Retail FX numbers plummet following FXCM market exit

A new report issued by Australia based research house Investment Trends has, not surprisingly, found that the US Retail and margin trading FX sector has taken a big hit in 2017, following the (forced) exit from the market earlier this year of former #1 broker FXCM. FXCM, and its founder and CEO Drew Niv, were banned…

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True Trade institutional fx
October 20, 2017 BY LeapRate Staff

Exclusive: Institutional FX platform True Trade goes live

LeapRate Exclusive... After some initial growing pains which included the departures of CEO Klaus Buhl and COO Ashraf Agha, LeapRate has learned that FCA regulated institutional FX provider True Trade (truetrademarkets.com) has gone live. Institutional clients have begun trading trading FX on (Phase 1) of True Trade’s new proprietary execution platform. True Trade provides clients with…

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Klaus Buhl
October 12, 2017 BY LeapRate Staff

Exclusive: Institutional FX broker True Trade sees CEO Klaus Buhl resign

LeapRate Exclusive... LeapRate has learned that Klaus Buhl (pictured above), CEO of recently-launched FCA regulated institutional FX broker True Trade Ltd, has resigned his position at the company. Klaus Buhl's departure follows that of COO Ashraf Agha, who left True Trade earlier this year soon before the formal launch of the company, as was also exclusively…

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