City Index, owner of FX Solutions, is the latest major FX firm to abandon the U.S. It should come as no surprise to those who follow our blog, or the FX industry generally, that yet another international FX firm has decided that their capital is better deployed somewhere other than the U.S. After recently seeing firms such as FX Club, Deutsche Bank's dbFX, and GFT leave the U.S. market, now we see City Index's FX Solutions division leave the U.S., selling its U.S. client base to Gain Capital (Forex.com). Gain Capital was also the acquirer of dbFX and GFT's U.S. clients. But what exactly is Gain Capital getting? Some ... (full story)