Gain Capital (GCAP) Reports Profitable Thursday Amid Swiss Franc/FX Volatility

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Go back to Gain Capital (GCAP) Reports Profitable Thursday Amid Swiss Franc/FX Volatility

Gain Capital (GCAP) Trades Lower in Sympathy with FXCM

January 16, 2015 7:43 AM EST

Gain Capital (NYSE: GCAP) traded lower pre-market Friday in sympathy with FXCM (NYSE: FXCM) after FXCM said clients experienced significant losses related to the SNB decision. Yesterday Gain said it does not expect market events to have a material adverse financial impact.

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Gain Capital (GCAP) Reports Not Having Material Exposure to Swiss Franc Volatility

January 15, 2015 12:28 PM EST

Gain Capital (NYSE: GCAP) commented on this morning's extreme volatility in the Swiss franc, following a surprise announcement by the Swiss National Bank that it would move interest rates to -0.75% and abandon the 1.20 floor for EUR/CHF.

Based on its current... More