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Stock Market & Financial Investment News

News Breaks
December 6, 2012
13:04 EDTGCAPGAIN Capital acquires U.S. Retail Forex Business of GFT Forex
GAIN Capital (GCAP) announced that it has reached an agreement to acquire the U.S.-based retail forex business of GFT Forex, pending regulatory approval. Financial terms of the transaction were not disclosed. GAIN Capital Group, the US regulated entity of GAIN Capital Holdings, agreed to acquire the retail customer accounts currently held at GFT's U.S. regulated subsidiary. The transfer of GFT's U.S.-based customers is scheduled for Friday, December 7, after the close of trading.
News For GCAP From The Last 14 Days
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April 10, 2014
07:11 EDTGCAPGAIN Capital reports March retail OTC trading volume up 9.0% from February
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April 7, 2014
06:29 EDTGCAPGAIN Capital acquires Galvan Research, terms not disclosed
GAIN Capital Holdings announced the acquisition of Galvan Research, a Contract For Difference, or CFD, advisory business in the UK. Financial terms of the transaction were not disclosed. Galvan Research will continue to operate as a separate brand, and its current management team will remain in place. The transaction is expected to close in Q2, subject to regulatory approval and customary closing conditions. GAIN anticipates the transaction to be immediately accretive to its FY14 financial results.

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