Exclusive: Wendy Collins out as Gain Capital CMO
Wendy Collins’ departure seems to be coinciding with Gain Capital’s pending acquisition by US rival StoneX.
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.
Wendy Collins’ departure seems to be coinciding with Gain Capital’s pending acquisition by US rival StoneX.
At Gain Capital’s current share price of $6.12, Mr. Schenk’s profit on the exercise should come to about $91,600.
The issue of ESG investing (Environmental, Social, and Governance) has entered a good part of the mainstream activity on Wall Street.
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