Investment bank Keefe, Bruyette & Woods likes management at both FX brokers but cites issues such as shrinking margins and rising costs.
Read moreIn a new SEC filing yesterday Gain Capital (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the title of Chief Commercial Officer, sold 8,000 shares at a price of $7.00, pocketing approximately $56,000. Gain Capital shares spiked this week, gaining over 12% on Tuesday alone after an upgrade and remain up double…
Read moreAfter a surprising 7% (or $41 million) rise in July, client assets held by regulated US retail forex brokers continued their slow but steady decline in August, shedding 2%, or $12.3 million. Total client assets held now sit at $619.7 million, as at August 31, 2014. The industry remains fairly concentrated, with the 'big three'…
Read moreGain Capital Holdings (Forex.com) (NYSE:GCAP) was upgraded by Zacks from a rating of “underperform” to a “neutral” in their latest report released on Monday. The firm put a $6.30 target price on the stock. Note that despite the upgrade Zacks still has just a $6.30 price target on the stock, well below its current price…
Read moreSo far in 2014 Mr. Stevens has sold more than $4 million in shares of his company as GCAP's share price has dropped about 50% over the past year.
Read moreKnox Payments Inc, a Richmond, Virginia start-up company announced today they were partnering with Gain Capital (NYSE:GCAP) to power payments into the FOREX.com FX trading platform. This partnership represents a huge win for both companies, as Gain Capital is the largest customer to date for the firm, and they will solve the need following the…
Read moreRetail FX giant Forex.com aligns its Japanese operations with its institutional division in a shift of focus in the Far East
Read moreThe perks of working for a public company... In an SEC filing Gain Capital (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the title of Chief Commercial Officer, recently exercised some deep in-the-money options, and immediately sold the shares she received. In total, between September 10 and 11 Roady exercised options to…
Read moreThe US's big three - FXCM, Oanda and Forex.com (Gain Capital) - each led the way picking up $10M+ in new client assets in July.
Read moreUS FX giant GAIN Capital has experienced a stagnant month in terms of retail volume, which did not show improvement over a flat July, and has experienced a considerable 12.7% decrease in institutional volumes in August
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