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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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January 16, 2015
09:24 EDTGCAPGAIN Capital CEO says had taken risk steps ahead of surprise SNB change
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09:12 EDTGCAPOn The Fly: Pre-market Movers
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09:05 EDTGCAPGAIN Capital volatility elevated on wide price movement
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08:41 EDTGCAPGAIN Capital comments on volatility of Swiss Franc
In response to yesterday's extreme volatility in the Swiss Franc, GAIN Capital said, "Our strong risk-management framework allowed us to generate a profit on one of the most turbulent days for the global currency markets in recent years. We remain focused on managing our risk, taking a conservative approach to managing our exposure to global currencies, while providing liquidity and high-quality execution to our global client base. Events such as the SNB announcement, although unexpected, can be mitigated in their impact using a comprehensive, consistent approach to risk management, a focus on maintaining robust, scalable trading technology and vigilantly focusing on our customers. We have positioned ourselves to effectively manage risk during both calm and tumultuous markets and our performance during this recent event shows that."

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