Tag Archives: GFT
FXCM Drops Offer to Buy GAIN Capital – Cites GAIN’s Forthcoming GFT Purchase As Reason
26
2013
Following a relatively short courtship between FXCM and GAIN Capital‘s senior management, in which FXCM made an unsolicited bid to acquire GAIN Capital during the early stages of this month, the talks have resulted in a complete withdrawal by FXCM …
Read more
GFT/GAIN Capital Merger Analysis – Exclusive Comments By Glenn Stevens and Gary Tilkin
25
2013
Is GAIN Capital getting a steal? Listening to conference call and accompanying presentation, it would appear so. From their Merger Presentation (see slides below), GAIN highlighted the benefits of the merger. The meat was the financial data of both firm’s …
Read more
(Update: article updated with statement from FxPro below) Consolidation and refocusing in the forex market continues with FxPro today shutting down the Australian office, opened only year and a half ago. Clients clicking on opening live account button face the …
Read more
As already exclusively announced by Forex Magnates yesterday Gain Capital is acquiring the client base of FX Solutions which is exiting the US forex market. Below is the official statement by Gain Capital, no financial details were disclosed. Updated: FX …
Read more
GAIN Capital seems to be very busy lately: only a few hours ago it announced that it won’t be acquiring LCG and now Forex Magnates sources tell us that it is acquiring the client base of FX Solutions which is …
Read more
The CFTC has posted December’s end of the month FCM financial data. Typically these reports don’t provide much of a surprise as brokers tend to be either very well capitalized or doing a good job of having just enough funds …
Read more
Yesterday we saw the publishing of the CFTC’s Q4 account profitability report, today we take a look at net deposits from FCMs as of November 30th 2012. In the past we have compared monthly ‘Adjusted Net Capital’ and ‘Retail Forex Funds’ …
Read more
Not surprisingly, December was a slow month for product launches due to the holiday and end of the year season. Due to the industry professionals taking time off during the month, most new releases were either scheduled for November or …
Read more
Reading the story below you may think it’s either a work of fiction or that it happened in a Third World country. Unfortunately it’s neither. Although the NFA never published anything we managed to glue various bits and pieces and …
Read more
After not sleeping for about 36 hours the key employees at Gain Capital and GFT managed to complete a smooth accounts transition and now GFT’s clients can continue trading using same platforms but with Gain Capital being the counterparty. The following …
Read more
