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Slide #100. GAIN Capital Holdings, Inc. — US-based retail forex business of GFT Forex
GAIN Capital Holdings, Inc. (GCAP)
US-based retail forex business of GFT Forex
GAIN Capital Holdings, Inc., a leading global provider of online trading services, announced today that it has reached an agreement to acquire the US-based retail forex business of GFT Forex ("GFT"), pending regulatory approval. Financial terms of the transaction were not disclosed.
GAIN Capital Holdings is a holding company. Co. is a provider of trading services and solutions, focusing on over-the-counter and exchange-traded markets. Co. operates in two segments. Through its retail segment, Co. provides its customers around the world with access to a range of global financial markets, including spot forex exchange, precious metals trading, as well as contracts for difference, which are investment products with returns linked to the performance of underlying assets. Co.'s futures segment provides execution and risk management services for exchange-traded futures and futures options on main United States and European futures and options exchanges.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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