GAIN Capital UK (GCUK) is now integrated into StoneX Financial (SFL) as part of what is an ‘exciting value proposition’, the broker has confirmed.

On February 28, 2021, StoneX successfully migrated GAIN Capital UK (GCUK) into its StoneX Financial (SFL) entity. The change follows the acquisition of the GAIN Capital Group by StoneX Group Inc (NASDAQ:SNEX) in July 2020.

Nigel Rose, CEO of GCUK, commented:

‘This is an important step in the integration of GAIN Capital into the StoneX group, and gives us an incredible opportunity to leverage their capabilities and ecosystem of products, enabling us to deliver an even more comprehensive offering to our customers. StoneX has more than 100 years of experience in financial markets and as a company listed on NASDAQ, it meets strict standards in corporate governance, financial reporting and disclosure.’

Giles Watts, Senior Vice President, Regional Business Director, commented:

‘We are excited about the future for City Index and FOREX.com as a part of what is a global financial services network. Our clients will benefit from a richer product offering as well as the expanded resources and greater scale of the combined firm. By bringing together GAIN’s expertise in serving the retail customer and StoneX’ unparalleled access to the financial markets it creates an exciting value proposition and enables the combined group to serve a wider range of customers.’

The migration of GAIN Capital UK to SFL means that it has transferred all its rights, obligations and liabilities and live and demo accounts to SFL with the effect that SFL is now a new party to all live and demo account Terms and Conditions, and will operate those accounts, substituting GCUK.

The migration does not impact how live and demo accounts are accessed or operate, neither does it fundamentally change the way personal data is processed.

There will be no changes to the product offering arising as a result of the migration of clients from GCUK to SFL. Clients will continue to have access to trade all of the same products under SFL as they have done under GCUK.

More information can be found here.