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Stock Market & Financial Investment News

News Breaks
February 22, 2013
08:22 EDTGCAPGAIN Capital acquires U.S.-based retail customer accounts of FX Solutions
GAIN Capital announced that it has reached an agreement to acquire the U.S.-based retail customer accounts of FX Solutions LLC, an affiliate of City Index Group. Financial terms of the transaction were not disclosed.
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."
January 15, 2015
12:29 EDTGCAPGAIN Capital does not see SNB action to have material adverse impact
GAIN Capital commented on this morning's extreme volatility in the Swiss franc, following a surprise announcement by the Swiss National Bank that it would move interest rates to -0.75% and abandon the 1.20 floor for EUR/CHF. Based on its current market and credit exposure, GAIN does not expect today's market events to have a material adverse financial impact, the company stated.

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