Announced
Completed
Financials
Tags
online retail trading platform
Financial Data and Systems
Majority
analytical tools
United States
trading platform
Acquisition
Public
Friendly
Single Bidder
foreign exchange trades
Completed
Private Equity
Synopsis
StoneX Group, a financial services company formerly known as INTL FCStone, completed the acquisition of GAIN Capital Holdings, a provider of online trading services, for $236m. “As a result of this combination, GAIN’s customers will benefit from a richer product offering, as well as the expanded resources and greater scale of the combined firm. StoneX, in turn, will add a new digital platform to its global financial network, significantly expanding its offering to retail clients, as well as a complementary futures business. We look forward to a bright future as part of the StoneX Group,” Glenn Stevens, GAIN CEO.
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