Forex.com battle heats up as two more directors oppose FCStone deal
The battle for control of retail forex broker Forex.com (and its UK sister brand City Index) took an interesting turn, […]
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.
The battle for control of retail forex broker Forex.com (and its UK sister brand City Index) took an interesting turn, […]
Retail FX brokerage operator GAIN Capital Holdings Inc took the interesting step yesterday of releasing its results for the month […]