GAIN Capital’s UK Arm Reports Improved Financials for 2017

[kreslik.news]

GAIN Capital Holdings, Ltd., the UK subsidiary of largest provider of retail FX in the United States, has just released its financial results for the fiscal year ending December 31, 2017, showing a strong uptick in its net income relative to last year.

GAIN’s total revenues for 2017 came in at £6.81 million ($8.86 million), which is three times higher than the £1.97 million ($2.57 million) recorded in the year prior.

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The most notable area of strength this year at GAIN Capital was its administrative expenses which were reported at only £81,000 ($105,000) ... (read more)