Gain Capital Files $125M IPO

August 31, 2009 4:18 PM EDT
In a form S-1, Gain Capital filed a $125 million IPO.

The offering is being made through Morgan Stanley and Deutsche Bank.

Gain Capital owns Forex.com and is an online provider of retail foreign exchange trading and related services founded in 1999 by a group of experienced Wall Street trading professionals. We offer our customers 24-hour direct access to the global over-the-counter, or OTC, foreign exchange markets, where participants trade directly with one another rather than through a central exchange or clearing house.

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