Tough week for Gain Capital (NYSE:GCAP). After GCAP reported Q2 results which were below expectations, including a $5.2 million loss on revenues which were down 14% from Q1 ($69.7 million versus $81.4 million), Gain shares promptly dropped 5%, closing (Tuesday) at a new 52 week low. of $6.31. The damage continued Wednesday, with various Wall…
Read moreShares of retail forex broker Gain Capital (NYSE:GCAP) fell as much as 10% during trading on Tuesday, dropping briefly below the $6 level for the first time since 2013. (As at the time of writing they were sitting at $6.16, down 7% on the day). Gain Capital, which operates the Forex.com brand, went public in…
Read moreGAIN Capital's continued direction of acquiring specialist firm continues, however will the second quarter of this year point toward recovery of trading volumes?
Read moreWith retail volume having increased by 0.9% and institutional by 11.7%, GAIN Capital's May volume figures show a potential return to form for the US stalwart.
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 moreGAIN Capital's start to 2014 followed the general downward direction of retail trading volumes, bearing similarities to compatriot FXCM's differential in volumes compared with Q4 2013.
Read moreGAA and Top Third will continue as separate brands, with their management teams in place. Forex broker Gain Capital (NYSE:GCAP), which runs the Forex.com and Gain GTX brands, has announced the acquisition of two companies which operate in the Futures space -- Global Asset Advisors ("GAA") and Top Third Ag Marketing ("Top Third"). Chicago-based GAA operates…
Read moreFebruary's decremental performance compared with that of January still generated an upturn in the value of GAIN Capital shares Despite GAIN Capital's overall decrement in trading volumes during February compared with the previous month's results, the company's share price (NYSE:GCAP) has made a step in the other direction, depicting a 6% increase since close of…
Read moreGAIN Capital has today released its monthly operating metrics for the month of February 2014 - slowdown across the board GAIN Capital has experienced a considerable downturn in trading volumes during February this year, indicating a 20.3% decrease in retail OTC trading from January 2014 at $169.3 billion, although when compared to the same period one…
Read moreCost optimization related to the GFT acquisition is key to future share price developments In the aftermath of its Q4 earnings report, shares of publicly traded retail and institutional forex broker GAIN Capital (NYSE:GCAP) have soared more than 12% as investors appeared confident in the company’s ability to optimize its cost structure to successfully integrate…
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