Tag Archives: gain capital dbfx
It’s interesting to see that while all major American brokers have marked UK in Europe just for their European regulated subsidiaries but focus on Asia as their target market with highest growth potential, Gain Capital is actually expanding in Germany. It’s also …
Gain Capital published summary of its Q3 2011 quarterly report few weeks ago showing a healthy increase in revenues. Few days ago Gain submitted the full report to the SEC showing several interesting developments. For instance Gain disclosed how much was paid for dbFX’s clients and that it received regulatory approval to operate in Hong Kong. In its presentation to investors Gain also showed distribution of its retail trading volume.
NFA has just published set of new rules it has been working on lately. The result is a daily, monthly and quarterly reporting requirement from brokers regarding client positions. NFA also reminds its members of certain key responsibilities and finally published set of rules governing situations of forex M&As – what happens when a US forex broker buys another one and there’s a bulk transfer of accounts. This of course missed quite a few such deals we’ve witnessed this year such as Gain/CMS and Gain/dbFX.