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StoneX Group Closes Acquisition of Gain Capital Holdings
Tuesday 04 August 2020

US-based institutional-grade financial services network StoneX Group Inc. (NASDAQ: SNEX) has closed the acquisition of Gain Capital Holdings, Inc. (NYSE: GCAP), an online provider of retail foreign exchange trading and related services, the group said.

The USD 236m, all-cash deal was announced in late February.

Gain is a provider of trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a range of asset classes, including foreign exchange, commodities and global equities.

StoneX Group Inc. (NASDAQ: SNEX) connects its clients with the global markets across asset classes - providing execution, post-trade settlement, clearing and custody.

Clients use its digital platforms, market intelligence and high-touch service to manage their market risk, pursue trading opportunities, make investments efficiently, and improve their business performance.
Date Published: 04/08/2020