GAIN Capital (GCAP) Says It's in Talks to Acquire Client Base of FXCM's (FXCM) U.S. Operations

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GAIN Capital in Discussions to Acquire Client Base of FXCM's U.S. Operations

February 7, 2017 12:27 AM EST

BEDMINSTER, N.J., Feb. 7, 2017 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP) ("GAIN" or "the Company"), a global provider of online trading services, announced that it has signed a non-binding letter of intent to acquire the client base of FXCM's U.S. operations.

Under the letter of intent, customers of FXCM's U.S. regulated business will be transferred to GAIN's retail brand FOREX.com (www.forex.com).  The transaction is subject to GAIN and FXCM... More