Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported its 2016 year-end and Q4 financial results, as well as trading volume metrics for the month of February 2017. And, the results are very mixed. On the one hand, Q4 was a very strong one at Gain Capital and its Forex.com retail FX unit, following…
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Some rough numbers from retail forex broker Gain Capital Holdings Inc (NYSE:GCAP). Gain Capital, which operates the Forex.com retail and GTX institutional FX brands, reported its Q3 financial report after the close of US markets Thursday, indicating that: Revenues were down 33% QoQ to $72.2 million, Gain's slowest quarter since Q2-2014. The company lost $4.7 million in…
Read moreAs was reported on LeapRate back in April, retail forex broker and Forex.com operator Gain Capital Holdings Inc (NYSE:GCAP) issued a notice that its just-released 10-K report and annual financial statements for 2015 should no longer be relied upon, due to errors in the manner in which the Company accounted for income taxes, as well as…
Read moreRetail Forex broker Gain Capital Holdings Inc (NYSE:GCAP), parent of the Forex.com and City Index brands, saw its share price drop a further 7% on Wednesday to close at $6.68, its lowest closing price since January. During the trading day Gain shares actually dropped as low as $6.15 - down 14% on the day - before…
Read moreLooks like it was a good day all around for Gain Capital. After reporting fairly decent financial results Tuesday morning, shares of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) shot up 9% Tuesday to close at $8.25 - their highest level in about two months, and stemming what can best be described as a slow…
Read moreWall Street can be a very strange and fickle place. After disappointing investors with a Q2 loss of $9 million, it looks like traders chose to focus on revenue growth at Gain Capital Holdings Inc (NYSE:GCAP), sending its shares up more than 5% in Thursday action. Gain attributed its loss to 'unusually adverse trading conditions across indices,…
Read moreIs Gain Capital, as well as other forex brokers, facing increased competition and lower spreads?
Read moreGain's pips-earned-per-trade took a big hit in Q1. One-time phenomenon, or a trend?
Read moreQuick follow-up to our coverage yesterday of Gain Capital and FXCM's Q1 results announcements. Seems as though investors were not impressed with the revenue declines and barely-there Q1 profits of both Forex.com's parent company Gain Capital, as well as rival FXCM. Gain Capital (NYSE:GCAP) is trading down about 16% today, sending its shares to below its IPO…
Read moreVolume is looking quite healthy for GAIN Capital... Gain Capital has issued their March monthly metrics today in a press release with jumps in m/m and y/y data, you can view the numbers below: Retail metrics Retail OTC trading volume of $184.6 billion, an increase of 9.0% from February 2014 and an increase of 31.1%…
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