April 9, 2013
/PRNewswire/ -- The Board of Directors of
GAIN Capital Holdings, Inc.
(NYSE: GCAP), a global provider of online trading services, announced that it received FXCM Inc.'s letter dated
April 8, 2013
, which contains a proposal to acquire GAIN for 0.3996 shares of FXCM Class A common stock for each share of GAIN common stock.
The Board will consider this proposal, as well as a range of options to build shareholder value. There is no assurance that any transaction will be consummated.
About GAIN Capital
GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.
Through our retail brand,
, we provide retail traders around the world with access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices. GAIN Capital also operates GTX, a fully independent FX ECN for hedge funds and institutions; Open eCry (OEC), an innovative online futures broker; and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.
GAIN Capital and its affiliates have offices in
New York City
Bedminster, New Jersey
For further company information, visit
SOURCE GAIN Capital Holdings, Inc.