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FOREX.com parent GAIN Capital sees Revenues drop 14% in Q2-2018
In a quarter which was much more about strategic, long-term focused moves than about numbers, FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has reported its financial figures for Q2-2018 that take a little time to digest. The company has restated historical figures due to the sale of the company’s institutional FX division GTX, which was acquired during Q2 by Deutsche Boerse AG’s 360T for $100 million. As was exclusively reported by LeapRate, GAIN also discontinued its FOREX.com money transfer business during Q2. Overall, GAIN Capital – which is now solely focused on the Retail FX business via its ... (full story)
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- Jul 27, 2018 3:23pm Jul 27, 2018 3:23pm
- Tony112
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- Pipfu
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- The Fool
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"If The Fool persists in his Folly he will become wise." - William Blake
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- Aussi
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ITS ABOUT THE CASH NOTHING ELSE.
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