GAIN Capital acquires GFTForex - 2013-09-25 Crunchbase.
GFT Forex is a trading platform for international currency trades. Global Futures & Forex, Ltd. provides retail derivatives. It offersGFT was acquired by Gain Capital, following the above mentioned relevant period when the CFTC determined that GFT had violated the adjusted net capital requirement, and the order today imposes a $200,000 civil monetary penalty and a cease and desist order against GFT.BEDMINSTER, N. J. Sept. 24, 2013 /PRNewswire via COMTEX/ -- GAIN Capital Holdings, Inc. GCAP the "Company" or "GAIN Capital" today.The acquisition of GFT will yield numerous benefits for our clients, partners and shareholders," said Glenn Stevens, Chief Executive Officer of GAIN Capital. "The combined company boasts a deeper global footprint, a robust offering of more than 12,500 financial products, and industry-leading trading technology. If the early millenial years were the period during which the retail FX industry was in its infancy, the middle of the second Millennial decade can be considered to be the period during which the entire ecosystem which consists of platform vendors, liquidity providers, specialist software developers and retail electronic brokerages has flourished to a point in which it is now a highly established industry in its own right.This fast-moving and technology-led sector of the business reached not only maturity but became one of the most global and profitable online businesses worldwide and when considering that the real growth period was between 2009 and today, that is remarkable progress.With maturity comes the requirement to not only continue to keep pace with technological change and the demands of an ever more demanding client base ranging from end users to introducing brokers and representatives whose businesses have developed from small, revenue-share orientated one-man-bands that bore resemblance to the old affiliate websites of the late 90s, to fully integrated brokerage houses with portfolio managers and sophisticated systems, in many cases trading up to 90,000 lots per month and passing all of that revenue to retail FX firms across the globe.Signs of potential moves toward industry consolidation were shown as early as 2013, during which many successful FX companies that had not so long ago been regarded as startups moved very quickly toward becoming publicly listed on some of the world’s most prominent stock exchanges.
GAIN Capital Completes Acquisition of GFT - MarketWatch
GFT has built an extensive network of partners throughout the world that accounted for over 75% of GFT’s retail trading volume in 2012. This strong partner business complements GAIN’s market-leading retail brand, FOREX.com, and the combined company will source approximately 52% of its retail volume from partners, with the remaining 48% coming from direct retail clients.Gain Capital Holdings, Inc. GCAP the "Company" or "GAIN Capital" today announced it has completed the acquisition of Global Futures & Forex, LTD "GFT". "The acquisition of GFT will yield.Following GAIN's 8 million acquisition of City Index in October last year, clients of GFT are set to be moved to City Index over the weekend. In late September 2013, GAIN Capital Holdings, Inc.(NYSE: GCAP) acquired GFT (previously Global Futures & Forex Ltd), about which GAIN Capital CEO Glenn Stevens said at the time “The acquisition of GFT will yield numerous benefits for our clients, partners and shareholders.The combined company boasts a deeper global footprint, a robust offering of more than 12,500 financial products, and industry-leading trading technology.
We intend to use GFT’s broad product offering, innovative tools and educational capabilities to further strengthen our competitive position, while realizing significant synergies from combining the best of both organizations.” Just one day before GAIN Capital’s acquisition of GFT, FXCM purchased specialist FX intelligence, market coverage and execution services company Faros Trading, a firm which it eventually sold to Jeffries Group LLC, a subsidiary of Leucadia, in April 2015.FXCM has been very much a leading company among North America’s giants in terms of acquisitions, the company having purchased the Meta Trader 4 client base and assets of IBFX in the US and Australia in late 2014, just over a year before IBFX bowed out of the US market altogether and sold its entire client base that had remained on the proprietary Tradestation platform to OANDA Corporation this week.In November last year, Teyu Che Chern, CEO of Singaporean futures giant Phillip Capital met with Finance Feeds in New York to explain its foray into the North American retail market, an initiative that it began to implement by forging alliances with US exchanges CME and ICE, whilst ICE purchased Singaporean exchange SMX to execute cross border exchange-traded futures. Forex trading strategie #1 hat. With the acquisition of V-NEO, GFT strengthens its expertise in the insurance sector, expands its market position in North America and gains a new location in Belgium. The company is expected to.GFT Technologies has acquired UK-based Rule Financial and all its international subsidiaries for an undisclosed sum. According to the vendor, the transaction is intended to strengthen its position as an institutional service provider for the banking sector in Europe and North America.Gft Forex Dealbook is really a preferent choose many of us. And also I JUST NOW passionately advise the idea. With all the external first class touchstones, therefore realizing this system any classy or perhaps and in addition resilient. Many folks really like currently the Gft Forex Dealbook as a lot of versions of colourings, heroes, products.
GAIN Capital Completes Acquisition of GFT GAIN Capital
Gain Capital Holdings Inc. after announcing yesterday that it will acquire the U. S. individual accounts of GFT Forex, said it’s in talks to purchase the rival online-trading company’s retail.GAIN Capital, the US financial services giant which owns retail Forex broker on Thursday reported a set. GAIN Capital Finalizes GFT's Acquisition.Gft Forex Dealbook is really a preferent pick most of us. As well as I RECENTLY passionately advise this. With the external first-rate touchstones, as a result recognising this system a new posh or perhaps not surprisingly long-lasting. Some folks like currently the Gft Forex Dealbook seeing that many features involving colours, personas, supplies. Optionsclick complaints richtlinien. #acquisitions, #fxcm in (NYSE: FXCM), #GAIN Capital Holdings, #Inc.(NYSE: GCAP), #m&a, #mergers, #retail forex, #technology Mergers and acquisitions, as well as divestment from non performing business units, stands firms in the best stead to trounce their rivals, resulting in almost double the shareholder return of those which are less M&A active. Here is the full analysis During a period in which FX brokerages were engaged in a drive toward public listing of stock, North American giant GAIN Capital had originally considered listing on NASDAQ.On this day six years ago, the firm confirmed its intention to list on NYSE under the ticker symbol GCAP FXCM’s towering global presence and customer loyalty makes it one of the largest FX firms in the world, however its market capitalization is small compared to the British and North American establishment.
GFT Forex is a trading platform for international currency trades. Global Futures. GAIN Capital acquired GFTForex for an undisclosed amount. Apr 11, 2013.On April 25, 2013, GAIN Capital announced that it had signed a definitive agreement to acquire Global Futures & Forex, LTD GFT, a global provider of retail.GFT expands industry expertise with acquisition of in-GmbH. GFT Technologies SE acquires the software supplier in-integrierte informationssysteme GmbH. Forex indikator buy sell trade. [[GAIN Capital, the US financial services giant which owns retail Forex broker on Thursday reported a set of robust performance metrics for 2013, while boasting the successful acquisition of GFT.Read more GAIN Capital, the US securities group behind major FX broker Forex.com, today announced its operating metrics November, with institutional Forex volumes showing the rise the company has long awaited. Read more GAIN Capital, the US securities expert behind Forex broker FOREX.com, has just announced that the principal amount of its offering of senior convertible notes due 2018 has risen to $80 million.Read more GAIN Capital, the US securities expert behind Forex broker FOREX.com, has just published details regarding the convertible notes offering of which we informed you just a couple of days ago.
GAIN Capital Acquires U. S. Retail Forex Business of GFT
Read more GAIN Capital, the US securities giant behind Forex.com, has just announced its results for the third quarter of the year, with robust rises recorded in institutional and retail trading volumes, along with revenues and profits. I had a live account with them for a few months and never had a problem with executions.On the other hand, I was losing money so good execution is hardly to their credit (not GFT's fault, I was trading a bad system.) After about 2 months I realized my system was flawed and stopped making live trades. I closed my account re-withdrew my funds and moved on. Future broker review. A few weeks later GFT notified me that I would be charged an "inactivity fee" of something like $10 monthly unless I started trading live again. I certainly don't want to do business with a company where shady, highly questionable fees are more important than client relationships. You must make copy ID and bank statement – it is normal.However I had the option of placing my account on an "inactive status" which meant that I couldn't place any live trades but also wouldn't be charged any inactivity fees. A few months later I pulled all my money out to fund a futures account. You muss make copy of credit card (it is yet ok),however and then you must send copy bank statement of card transaktion (after make deposit)!!!! GFT, the name i hate to hear anytime it's mentioned.Absolutely no issues with that transaction..my money in a few days and they even helped me fill out the online form. Well, maybe 6 months after I closed my account I decided to get back into Fx trading. It's almost as though they had been just waiting there for it to happen. I deposited $30,000 with them and once you are making profit, they block you until you positive turn negative.
I immediately thought of GFT because my experience there had been so positive. One day, my $3,000 profit turned negative and many more. To use indicators you need at least a 2500$ account.Getting the money back in was a snap..though I had pulled all my funds out they had kindly left the account open (without informing me of that) so all I had to do was fill out another online form to debit my card and I was good to go. Immediately after my funds posted into my old account I was charged a $50 inactivity fee. From their perspective, when I had pulled my funds out before it somehow cancelled the "inactive status" I had arranged previously and so the old inactivity fees started building up against the empty account. The system they operate again, is that when you place a wrong order, then you are finished. 250 $ is the mini account, but with a mini account you cannot use indicators! The demo account expires in 30 days and there is no way to renew it! But after 30 days you just get an alert: "Demo account expired, open a real one to continue".You be blocked until you money runs off and when asked they will tell you to try logging in with "DEALBOOK 360". So, even if their platform, Dealbook 360, is a very good piece of software I definitely do NOT recommend this broker! 2008-09-16 Review: I have never come across this and wonder if you have!It involves GFT FOREX FX FDM aka GLOBAL FOREX TRADING BROKER uses DEALBOOK 360 not equal to Currenex.Dukascopy Mann Financial Propfx division FXCM Dollar Euro pound GBP JPY currency trading.1.
I liquidate my position and it displays a profit or loss.2.The settlement date is 2 days from the date I liquidate.3.GFT claims I am liable for any loss they incur from the time I liquidate my position to the settlement day. GFT uses a trading desk so my orders do not reach the Interbank. GFT Charged me for pip movement between the time I liquidated and the date set for settlement by the Interbank seems most unfair. Change folder options in registry. 6 I pay GFT in advance and GFT takes my money on the spot therefore the settlement day should not affect my transaction. GFT took money out of my account without notification to cover their loss because they chose to take advantage of the two day float.I will give them the benefit of doubt here because I really do not know if they placed my trade or not, but I do know GFT uses a balancing engine and hedges against your trade.Simply put GFT trades against you but you will never get GFT FOREX to admit it.
If you are curious how their game works HERE IS THE FORMULA… They only have to trade the difference or 10% give or take a few pips for safety. Ask Wayne Mc Donald and or FXbootcamp or GFT’S internal sales team then go to your dentist and have a tooth pulled….If you think the bank gets all the spread think again. COMPARE THE TWO Has anybody come across a Broker with this policy?I have not and if you wish copies of their conflicting emails just ask. Thanks Alex Findlay Fxcompliance@A dreadfull experience from start to finish.Impossible to make any money with a mini account - even when you win, you loose - hidden fees and charges more than take any profit. Closed my account 5 weeks ago and my wired funds appear to be lost in 'cyber space' and no one gives a rats arse.Get out now if you can - GFT could be next to go to the wall!