IG US’ Retail FX Deposits Rise 13% in September 2020

IG US was the best performer among retail FX brokers in the United States, after racking up $21.7 million in customer deposits in September 2020. This figure is higher by 13 percent from the previous month an...

GAIN Capital Responds to Patent Lawsuit Brought by OANDA

GAIN Capital, an online brokerage, has responded to a lawsuit brought by OANDA Corporation in which the latter has accused the former of patent infringement, namely, U.S. Patent Nos. 7,146,336 (“the ’366 pate...

GAIN Capital is Seeking CySEC Licence

FortuneZ can now confirm that GAIN Capital, a US-based provider of online trading services, is in the process of securing a licence from the Cyprus Securities and Exchange Commission (CySEC). In particular, ...

INTL FCStone Closes $350 Million Private Notes Offering

INTL FCStone Inc. announced on the 11th of June that it has closed its $350 million in aggregate principal amount of Senior Secured Notes due 2025 offering, which was announced last month. The Notes were sol...

FX Volumes at GAIN Capital Back to Pre-Covid Levels

Retail FX volumes at GAIN Capital Holdings, Inc. (NYSE: GCAP) had further dropped in May to hit its pre-pandemic levels, in with the rest of the industry, including institutional platforms and following an in...

INTL FCStone to Acquire GAIN Capital in All-Cash Deal

There’s about to be another big shakeup to the brokerage industry in the United States, with INTL FCStone Inc. announcing this Thursday that it has entered into a definitive agreement to acquire GAIN Capital ...