StoneX Group Inc Closes on the Acquisition of GAIN Capital Holdings, Inc.

GAIN Capital Holdings, Inc. was founded in 1999 and is headquartered in Bedminster, New Jersey. Trading was provided via one of two electronic trading platforms, its own proprietary FOREXTrader PRO later renamed as StoneX Pro and MetaTrader 4. GAIN Capital allowed retail and institutional clients to speculate on global foreign exchange markets in what is known as ‘margin forex trading’. These forward-looking statements are largely based on current expectations and projections about future events and financial trends that may affect https://www.forex-world.net/currency-pairs/usd-chf/ the financial condition, results of operations, business strategy and financial needs of the company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by INTL FCStone Inc. with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.

It can also be calculated by dividing the company’s Market Cap by the Net Profit. Part of StoneX Group, Inc., GAIN Capital Group LLC operates an online forex trading platform. GAIN Capital was founded in 1999 in Bedminster, New Jersey, and was one of the early developers of online forex trading. These forward-looking statements speak only as of the date of this press release. INTL FCStone Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

  1. Part of StoneX Group, Inc., GTX SEF LLC is a private company that provides online foreign exchange trading services.
  2. As part of the transaction, INTL intends to make an offer at closing to repurchase GAIN’s $92 million convertible notes due 2022.
  3. If you spot an error that warrants correction, please contact the editor at editorial- This article by Simply Wall St is general in nature.
  4. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body.
  5. This press release includes forward-looking statements including statements regarding the combined company.

The Company anticipates that the merger will be completed during the fourth fiscal quarter of 2020, subject to the satisfaction or waiver of the remaining customary conditions to closing, including among other things, receipt of required regulatory approvals. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. justforex reviews and user ratings Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 52 week low is the lowest price of a stock in the past 52 weeks, or one year. Gain Capital Holdings Inc 52 week low is $3.30 as of March 22, 2024.

The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Insiders own 17% of GAIN Capital Holdings shares, worth about US$27m.

But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in GAIN Capital Holdings and their transactions don’t cause us concern. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for GAIN Capital Holdings. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

About MarketBeat

GAIN Capital Holdings, Inc., together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. It specializes in over-the-counter (OTC) and exchange-traded markets. It provides services to retail customers through FOREX.com and Cityindex.com, as well as through brokers and white label partners. The company offers execution and risk management services for exchange-traded futures and futures options on the United States and European futures and options exchanges; and online trading services.

The Barchart Technical Opinion rating is a 48% Buy with a Weakest short term outlook on maintaining the current direction. TIS (Treasury Intelligence Solutions Inc), a leading cloud platform vendor for corporate payments, announced today that it has appointed Chris Calhoun as CEO, Americas, as part of its commitment to its… Please log in to your account or sign up in order to add this asset to your watchlist. Wondering what the next stocks will be that hit it big, with solid fundamentals?

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Holders of approximately 71.2 percent of GAIN’s shares issued and outstanding as of the close of business on the record date voted in favor of the proposal to adopt the Merger Agreement, representing approximately 85.7 percent of votes cast (excluding abstentions). The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.

Need To Know: GAIN Capital Holdings, Inc. (NYSE:GCAP) Insiders Have Been Buying Shares

When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. Part of StoneX Group, Inc., GAIN Capital FOREX.com Australia Pty Ltd. is an Australian company that provides online foreign exchange trading services. StoneX Financial Pty Ltd. is a forex and Australian CFD trading https://www.forexbox.info/active-management/ company with 40 years of experience. The company offers trading services for CFDs on shares, forex, indices, commodities, options, and more. Part of StoneX Group, Inc., GTX SEF LLC is a private company that provides online foreign exchange trading services. It doesn’t really mean much that no insider has traded GAIN Capital Holdings shares in the last quarter.

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We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. It’s quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, such insiders must disclose their trading activities, and not trade on inside information. The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS).

To us, it’s very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Joseph Schenk. INTL FCStone Inc., through its subsidiaries, is a leading provider of execution, risk management and advisory services, market intelligence, and clearing services across asset classes and markets around the world. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. Approximately 83.2 percent of GAIN’s shares issued and outstanding as of the close of business on April 23, 2020, the record date for the special meeting, were present in person or by proxy at the meeting.

52 week high is the highest price of a stock in the past 52 weeks, or one year. Gain Capital Holdings Inc 52 week high is $6.72 as of March 22, 2024. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Upgrade to MarketBeat All Access to add more stocks to your watchlist. So you may wish to see this free collection of high quality companies. Provides a general description of the business conducted by this company.

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