GFT Exits US Forex Market and Gain Capital Takes Over

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Gain Capital Announces Acquisition of GFT Markets. Published on : 24.09.2018 24.09.2018 Published by : admin. Home. Forex News. Gain Capital Announces Acquisition of GFT Markets. GAIN Capital Takes Over GFT Leading online trading provider GAIN Capital has officially taken over one of its main rivals GFT. GAIN is expected to pay around $107 million for the acquisition. From this sum, $40 ... Join the iFX EXPO Asia and discover your gateway to the Asian Markets. Gain Capital has officially released news of the acquisition of GFT’s US client base. According to Samantha Roady, CMO at GAIN Capital, “Customers will continue to trade on GFT’s platform. This will ensure a seamless transfer and no interruption in their service, i.e. all their open positions will remain intact ... GAIN Capital Preliminary First ... (NYSE: GCAP, "the Company") today announced that it has signed a definitive agreement to acquire Global Futures & Forex, LTD (GFT), a global provider of retail forex and derivatives trading with offices in London, Singapore, Tokyo, Sydney and Grand Rapids, Michigan. The purchase price is approximately $107.8 million which, including $80 million of GFT cash at ... ForexNewsNow – Renowned forex broker GFT announced recently that it would leave the United States forex market. The company intends to collaborate with US and international institutional clients only. GFT’s retail forex division will be taken over by the high-profile forex broker Gain Capital.. GFT’s decision to leave the United States retail forex market is not surprising. But poor planning left GFT's clients unable to trade for several days. If this story sounds like a poorly scripted one to you, then you're probably right. Just three days after GFT dropped the surprise that it is abandoning the U.S. retail FX market — thereby putting its clients in a position-closing-only basis — now comes word that Gain Capital is buying these clients , for an undisclosed ... Last year, GAIN capital already took over GFT’s operations in the United States after GFT decided to leave the US online trading market. GAIN Capital Rejects FXCM Offer. In a rather ironic circumstance, with this takeover deal GAIN also officially rejected the takeover deal submitted by FCXM. Not so long ago, FXCM made a takeover offer to the management of GAIN Capital. Industry experts beli GAIN Capital provides active traders and institutions with exceptional liquidity, technology and service to trade global markets. About GAIN Capital; Connect your customers to new markets. We provide all the tools you need to offer your customers trading in forex, CFDs and exchange-traded markets. read more; Exciting career opportunities in Poland

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