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Gain Capital sent this letter to its partners, probably in an effort to allay any fears, following the publication of NFA’s severe complaint against the company. Dear Partner, Yesterday, GAIN received a notice from our US regulator that included complaints regarding a few select trading practices and policies in our US regulated entity. This resulted from [...]

NFA just issued a very severe Complaint against Gain Capital and its CEO Glenn Stevens for violating a whole lot of its regulations. Reading through the Complaint it is evident that while Gain may have indeed violated some rules the real culprit here is the NFA itself! Gain Capital is just another for-profit company in [...]

Forex.com (Gain Capital) sent the following notice to its clients (emphasize is mine): “Dear Client, Re. Inactive Accounts With effect from 30 April 2010, FOREX.com accounts that are inactive will be subject to a £15.00 monthly service fee. An account will be deemed inactive if no trading activity has occurred for a period of 30 [...]

NEW YORK; LONDON; SYDNEY, April 28 /PRNewswire/ — GAIN Capital Holdings, Inc., a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), today announced the launch of a new service in Australia under its FOREX.com brand. The new Australian Securities and Investments Commission (ASIC) regulated offering [...]

With all the buzz around Forex social networks at its peak (check out Currensee raising more and more cash) it’s no wonder that we see various attempts at tackling this very interesting market segment. Currensee was the first, and is probably the largest (although absolutely speaking they are not so large yet), and MB Trading [...]

GAIN Capital Holdings, Inc., a global provider of online trading services, today announced that it has launched a new Arabic service under its FOREX.com UK division. Gain Capital, one of world’s largest brokers, is lately focused on appealing to the international audience. Three months ago it launched a multilingual version of its forex.com website and [...]

It seems that South Korea is now a major focus for large US Forex brokers who battle between themselves to offer margin FX partnerships to local financial institutions. Up until a year ago Korean market was fully controlled by FXCM (pricing and IBs) however lately the situation significantly changed. Moreover, Korean officials announced plans to [...]

Following my post that was talking about a possible acquisition of CMS Forex by either Gain or IG, as expected, stirred lots of discussion in the industry. In fact, many people called me to confirm or deny that rumor. CMS Forex, being the very open company that they are, refused to comment on that story or [...]

It’s no wonder that following the latest CFTC regulatory blitz the US industry is consolidating and the market is getting smaller and more centralized – which in my opinion is essentially bad for the small retail trader. Actually that is something that I believed would happen, however the scale of what is happening right now beneath the surface caught [...]

StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced a new partnership with Gain Capital, a global provider of online foreign exchange services, to offer a complete solution for their mutual clients to quickly deploy FX high-frequency trading algorithms. The deal combines StreamBase’s award-winning CEP platform and with direct adapter to [...]