Forex.com revenues down 46%, profit down 82%, in Q2-2020
Even with Q2’s reduced results as a base the company is about to be acquired by StoneX for about 2x run rate annual EBITDA, and 4x earnings.
Even with Q2’s reduced results as a base the company is about to be acquired by StoneX for about 2x run rate annual EBITDA, and 4x earnings.
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.
Following what was a somewhat slow May, FX trading volumes at Retail FX brokerage house Gain Capital rose sharply by […]
The planned $236 million acquisition of retail forex brokerage group Gain Capital – parent of the Forex.com and City Index […]
In what may be one of its last such reports as an independent publicly traded company, Gain Capital has reported […]
Gain Capital is one of the very few retail forex brokerage groups which has regulated entities in both the US […]
Following weeks of speculation and opposition by some notable shareholders, Gain Capital held its stockholder vote on the proposed $236 […]
Another sizable shareholder of Gain Capital is getting behind the movement to scuttle the proposed acquisition of Gain by INTL […]