GAIN Capital, a global provider of online trading services, today announced the addition of nine new currency pairs and six equity index CFDs to its FOREX.com product offering. The new available currency pairs include Eastern European pairs including the Polish Zloty (USD/PLN, EUR/PLN), Czech Republic Koruna, (USD/CZK, EUR/CZK), Hungarian Forint (USD/HUF, EUR/HUF) and Turkish Lira (USD/TRY, EUR/TRY.) In addition, the South African Rand/Japanese Yen cross (ZAR/JPY) is now offered, a currency pair popular among carry traders. FOREX.com also added six new CFDs on popular global equity indices, allowing clients to take long or short positions on broad stock markets in Australia (AUS200), Japan (JPN225), Hong Kong (HK40), USA (US30 and NAS 100) and Europe (ESTX50).
“Today’s product expansion marks another milestone in our commitment to providing our clients access to the most widely traded global markets, including forex, stock indices, or commodities. As part of this commitment we are constantly looking at ways to enhance and expand our product and service offering,” said Glenn Stevens, CEO, GAIN Capital. Clients of FOREX.com can now trade 48 currency pairs, ten equity index CFDs, plus gold, silver, and oil CFDs.
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company’s award-winning trading platform which transacts nearly $250 billion per month. A pioneer in online forex trading, GAIN Capital operates FOREX.com, one of the largest and best-known brands in the retail forex industry. It also provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms. GAIN’s investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners.
Filed under: CFD News by LearnCFDs.com
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GAIN Capital Holdings, Inc., a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), has reached an agreement to acquire certain assets of MG Financial LLC’s U.S. operations. Under the agreement, MG Financial will transfer approximately 4,000 customers to FOREX.com, the retail division of GAIN Capital.
MG Financial has been offering online trading services since 1997. The announcement comes as a result of MG Financial’s decision to exit the retail forex industry and cease operations. MG Financial’s management team intends to pursue other business opportunities in the financial services industry, but no formal plans have been announced.
“MG Financial is one of the oldest and most recognized names in the retail forex industry and has built a solid reputation by providing excellent service to its customers,” said Glenn Stevens, CEO, GAIN Capital. “We will work closely with MG’s team to ensure a smooth transition for their customers, who will now have access to the robust offering available at FOREX.com, including our expanded product suite, competitive dealing spreads, and comprehensive suite of trading tools, research and educational resources.”
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). A pioneer in online forex trading, GAIN Capital provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms.
GAIN also operates FOREX.com, one of the largest and best-known brands in the retail forex industry. GAIN’s investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners.
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GAIN Capital Holdings, Inc., a global provider of online trading services, today announces the addition of equity index CFDs to its FOREX.com offering in Australia and the launch of a new Australian website for its clients, featuring enhanced web and mobile trading capabilities.
FOREX.com’s equity index CFDs give clients access to trade popular global equity markets, representing major indices in the UK (UK100), Germany (GER30), France (FRA40) and the US (SPX500). Over the coming weeks the range of CFDs will expand to include Australia (AUS 200), Japan (NPN 225), Hong Kong (HK 40), US Indices (NSD 100, US 30) and Eurostoxx (ESTX50).
“We are excited to announce the launch of new equity index CFDs to our clients in Australia, New Zealand and the wider Asia Pacific region, along with the rollout of enhanced web and mobile trading capabilities.” said Glenn Stevens, CEO, GAIN Capital. “Our ambition is to offer our clients access to the world’s most traded market. The addition of index CFDs alongside our existing forex, metals and oil products is an important milestone in that regard.”
FOREX.com opened an office in Sydney earlier this year to provide local customer support and service for its clients in Australia and New Zealand and from the wider Asia Pacific region. The company’s Australian operations are regulated by the Australian Securities and Investments Commission (ASIC).
Filed under: CFD News by LearnCFDs.com
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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 makes FOREX.com’s award winning trading platform and services available to clients in Australia, New Zealand and the wider Asia Pacific region. FOREX.com has opened an office in Sydney to provide local customer support and service.
Glenn Stevens, chief executive officer of GAIN Capital commented: “Launching operations in Australia is part of a long term strategic goal to service our clients locally wherever possible. GAIN Capital has a growing global footprint and we believe our FOREX.com service will be well-received by traders in Australia and New Zealand who are looking for a well-capitalized firm that offers premium trading tools and research, competitive pricing and, of course, a solid reputation.”
Filed under: CFD News by LearnCFDs.com
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