GAIN Capital Reports a Total of $7.2m Paid for FXCM Accounts by Q3

[kreslik.news]

GAIN Capital’s (NYSE:GCAP) latest quarterly filing with the US Securities and Exchange Commission (SEC) has registered an increase in revenues and other operations for the period ending September 30, 2017. Of note, GAIN also paid $7.2 million to FXCM for client accounts by the end of Q3.

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Earlier this year, GAIN Capital signed a definitive agreement with FXCM to buy the foreign exchange broker’s US client base. Since then, a steady transition and payment for the transfer of its accounts has been seen.

More specifically, GAIN ... (read more)