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GFT announces migration of clients to City Index
Following GAIN’s $118 million acquisition of City Index in October last year, clients of GFT are set to be moved to City Index over the weekend of August 29th-30th. The website of UK Forex broker GFT today emerged with an announcement about the pending transfer of the company’s clients to City Index, which was acquired by Forex giant Gain Capital Holdings Inc (NYSE:GCAP) in October last year for $118 million. GFT explains that it is this acquisition that has prompted the move of the clients to City Index. When will the shift happen? After the US market close at 10pm GMT on Friday 28th August existing GFT ... (full story)