GAIN Capital’s City Index and Forex.com UK Entity Reports £122m Revenues
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GAIN Capital’s City Index and Forex.com UK Entity Reports £122m Revenues
GAIN Capital’s UK entity, reporting the consolidated metrics of City Index and Forex.com UK, has filed its annual report for 2016 with the UK Companies House. The firm is reporting a 39 percent annualized increase in revenues to £122 million ($165 million at current exchange rates).
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The volatility around the Brexit referendum and the US election have positively affected the company’s top and bottom lines.
Operating costs have increased materially when compared to 2015, ... (read more)
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