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Stock Market & Financial Investment News

News Breaks
August 11, 2014
16:38 EDTGCAPGAIN Capital reports Q2 EPS (13c), consensus 7c
Reports Q2 revenue $69.7M, consensus $66.52M. Reports Q2 retail OTC trading volume of $522.2B, up 13% from the second quarter of 2013. Reports Institutional trading volume of $1.3T, up 27%, and average daily futures contracts of 26,322, up 19%. The company said, "Currency volatility fell to its lowest level in more than 10-years in the second quarter, which resulted in retail OTC revenue capture that was 30% below our trailing twelve month average. The severe downturn in revenue capture significantly impacted the performance of our retail OTC business and offset substantial growth in our institutional and futures businesses. Despite the poor market conditions, our core operating metrics remained stable across the board, demonstrating our ability to attract and maintain customers and positioning us to benefit when market conditions revert to historical norms."
News For GCAP From The Last 14 Days
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September 18, 2014
07:33 EDTGCAPUBS to hold a conference
FinTech Conference to be held in New York on September 18.

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