Exclusive: William Klippel rejoins Forex.com to head Partnerships and Alliances
William Klippel worked for 15 years at Gain Capital in a variety of positions starting in 2005, leaving after StoneX acquired Gain in 2020.
Forex.com is one of the oldest and most recognizable brands in online Retail FX and CFD trading. It was the leading brand of publicly traded brokerage Gain Capital Holdings Ltd., which also operated City Index in the UK and the GTX institutional FX trading operation.
Bedminster, NJ based Gain Capital was acquired by StoneX Group (Nasdaq:SNEX), formerly INTL FCStone, in July 2020 for $236 million, and since then Forex.com is a unit of StoneX.
Forex.com trading volumes have averaged about $200 billion per month in 2020.
William Klippel worked for 15 years at Gain Capital in a variety of positions starting in 2005, leaving after StoneX acquired Gain in 2020.
Starting from October 24, 2023, TradingView charts will display raw pricing data for FOREX.com currency pairs.
GAIN Capital has agreed to voluntarily dismiss the lawsuit against Forex trader Justin LeBlanc, accused of taking advantage of an execution error.
However on a year-to-year basis StoneX’s FX/CFDs business is still shrinking, down by 17% from $86.8M in last year’s fiscal Q3.
Forex trader Justin LeBlanc says GAIN Capital’s demands for him to return profits of over $700,000 have no merit.
FOREX.com Japan, a subsidiary of StoneX Group, has completely renewed its homepage on June 8, 2023 (Thursday).
Retail Forex and CFD broker FOREX.com Japan warns of market fluctuations around the upcoming Turkish presidential elections.
Operating revenues derived from FX/CFD contracts declined $37.1 million, or 38%, to $61.8 million in the three months ended March 31, 2023.
GAIN seeks to recover ill-gotten trading proceeds of $712,135.90 that the trader obtained by wrongfully exploiting an order execution error.
Retail Forex and CFD broker FOREX.com Japan will increase the margin rate for HKD currency pairs from March 9, 2023.