GAIN Capital's FOREX.com Introduces Lower Pricing
Poster: SySAdmin
Posted on June 14, 2010 at 7:35:01 AM
GAIN Capital's FOREX.com Introduces Lower Pricing
Reduced spreads and enhanced price transparency
NEW YORK, LONDON and SYDNEY, June 14 -- GAIN Capital Holdings, Inc., a global provider of online trading services, today announced a new pricing structure for its FOREX.com brand, reducing spreads by up to 50 percent on previous minimum spreads. FOREX.com's global customers will now be able to trade on spreads as low as 0.9 pips on some of the most popular currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
The company's new pricing has been designed to offer maximum transparency to customers. In addition to publishing minimum spreads for each product, FOREX.com will publish its "typical spread" and has also implemented a "maximum spread" for each product, intended to protect traders from excessively wide spreads in most volatile market conditions.
"We are always looking for ways to improve our customer service. Our long standing relationships with some of the world's leading global banks, coupled with significant technology investments over the past several years, enable us to offer highly competitive pricing to our customers worldwide," said Glenn Stevens, CEO, GAIN Capital. "On top of lowering our customer's transaction costs, we will continue to work hard to ensure we maintain the high execution standards our customers have come to expect."
For more information, visit http://www.forex.com.
Further information:
FOREX.com Spreads - Most Popular
Product Min Typical Product Min Typical Product Min Typical
EUR/USD 0.9 2.1 USD/JPY 0.9 1.9 GBP/USD 0.9 3.2
AUD/USD 0.9 2.3 EUR/JPY 1.1 3.1 EUR/GBP 1.0 3.7
USD/CHF 0.9 3.1 GBP/JPY 2.1 5.0 EUR/CHF 1.3 3.5
USD/CAD 0.9 3.7 NZD/USD 0.9 2.9 XAU/USD 55.0 57.0
Product Min Typical Product Min Typical Product Min Typical
NZD/JPY 2.8 4.9 CAD/JPY 2.8 4.5 AUD/JPY 2.8 4.3
EUR/AUD 3.8 5.8 CHF/JPY 1.8 3.7 EUR/CAD 3.3 6.1
AUD/NZD 3.8 8.9 AUD/CAD 2.0 4.3 GBP/CAD 3.8 7.3
GBP/AUD 3.8 7.3 EUR/NZD 6.8 12.2 GBP/NZD 14.5 17.0
AUD/CHF 4.3 4.9 NZD/CHF 5.3 5.8 NZD/CAD 6.8 7.1
CAD/CHF 5.3 5.6 USD/HKD 4.3 4.7 USD/SGD 4.3 4.8
SGD/JPY 3.8 4.4 USD/NOK 20.8 50.3 USD/SEK 20.8 43.7
USD/DKK 3.3 5.5 EUR/NOK 20.8 56.8 EUR/SEK 20.8 59.8
EUR/DKK 3.3 5.0 USD/ZAR 55.0 85.0 USD/MXN 55.0 90.0
XAG/USD 4.0 4.5 XAU/CHF .76 .93 XAU/EUR .66 .67
XAU/AUD .76 .91 XAU/GBP .66 .68
Commodities
Product Min Typical Product Min Typical
USOIL 5 6 UKOIL 5 7
About GAIN Capital
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company's award-winning trading platform which transacts nearly $250 billion per month.
A pioneer in online forex trading, GAIN Capital provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms. GAIN also operates FOREX.com, one of the largest and best-known brands in the retail forex industry.
With offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo and Seoul, GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the United States, the Financial Services Authority (FSA) in the United Kingdom, the Financial Services Authority (FSA) in Japan, the Securities and Futures Commission (SFC) in Hong Kong, and the Australian Securities and Investments Commission (ASIC) in Australia.
GAIN's investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners.
For company information, visit http://www.gaincapital.com or http://www.forex.com
Source: GAIN Capital Holdings, Inc.
CONTACT: In North America, Savannah Tikotsky, +1-212-808-4903, or
Christa Conte, +1-212-808-4902, both of Feintuch Communications,
gain@feintuchpr.com; or in Europe, Laura Crooks, +44 (0)20-3047-2366, or Laura
Cocker, +44 (0) 20-3047-2365, both of Edelman, gain@edelman.com
Web Site: http://www.gaincapital.com/
http://www.forex.com/
Reduced spreads and enhanced price transparency
NEW YORK, LONDON and SYDNEY, June 14 -- GAIN Capital Holdings, Inc., a global provider of online trading services, today announced a new pricing structure for its FOREX.com brand, reducing spreads by up to 50 percent on previous minimum spreads. FOREX.com's global customers will now be able to trade on spreads as low as 0.9 pips on some of the most popular currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
The company's new pricing has been designed to offer maximum transparency to customers. In addition to publishing minimum spreads for each product, FOREX.com will publish its "typical spread" and has also implemented a "maximum spread" for each product, intended to protect traders from excessively wide spreads in most volatile market conditions.
"We are always looking for ways to improve our customer service. Our long standing relationships with some of the world's leading global banks, coupled with significant technology investments over the past several years, enable us to offer highly competitive pricing to our customers worldwide," said Glenn Stevens, CEO, GAIN Capital. "On top of lowering our customer's transaction costs, we will continue to work hard to ensure we maintain the high execution standards our customers have come to expect."
For more information, visit http://www.forex.com.
Further information:
FOREX.com Spreads - Most Popular
Product Min Typical Product Min Typical Product Min Typical
EUR/USD 0.9 2.1 USD/JPY 0.9 1.9 GBP/USD 0.9 3.2
AUD/USD 0.9 2.3 EUR/JPY 1.1 3.1 EUR/GBP 1.0 3.7
USD/CHF 0.9 3.1 GBP/JPY 2.1 5.0 EUR/CHF 1.3 3.5
USD/CAD 0.9 3.7 NZD/USD 0.9 2.9 XAU/USD 55.0 57.0
Product Min Typical Product Min Typical Product Min Typical
NZD/JPY 2.8 4.9 CAD/JPY 2.8 4.5 AUD/JPY 2.8 4.3
EUR/AUD 3.8 5.8 CHF/JPY 1.8 3.7 EUR/CAD 3.3 6.1
AUD/NZD 3.8 8.9 AUD/CAD 2.0 4.3 GBP/CAD 3.8 7.3
GBP/AUD 3.8 7.3 EUR/NZD 6.8 12.2 GBP/NZD 14.5 17.0
AUD/CHF 4.3 4.9 NZD/CHF 5.3 5.8 NZD/CAD 6.8 7.1
CAD/CHF 5.3 5.6 USD/HKD 4.3 4.7 USD/SGD 4.3 4.8
SGD/JPY 3.8 4.4 USD/NOK 20.8 50.3 USD/SEK 20.8 43.7
USD/DKK 3.3 5.5 EUR/NOK 20.8 56.8 EUR/SEK 20.8 59.8
EUR/DKK 3.3 5.0 USD/ZAR 55.0 85.0 USD/MXN 55.0 90.0
XAG/USD 4.0 4.5 XAU/CHF .76 .93 XAU/EUR .66 .67
XAU/AUD .76 .91 XAU/GBP .66 .68
Commodities
Product Min Typical Product Min Typical
USOIL 5 6 UKOIL 5 7
About GAIN Capital
GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company's award-winning trading platform which transacts nearly $250 billion per month.
A pioneer in online forex trading, GAIN Capital provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms. GAIN also operates FOREX.com, one of the largest and best-known brands in the retail forex industry.
With offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo and Seoul, GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the United States, the Financial Services Authority (FSA) in the United Kingdom, the Financial Services Authority (FSA) in Japan, the Securities and Futures Commission (SFC) in Hong Kong, and the Australian Securities and Investments Commission (ASIC) in Australia.
GAIN's investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners.
For company information, visit http://www.gaincapital.com or http://www.forex.com
Source: GAIN Capital Holdings, Inc.
CONTACT: In North America, Savannah Tikotsky, +1-212-808-4903, or
Christa Conte, +1-212-808-4902, both of Feintuch Communications,
gain@feintuchpr.com; or in Europe, Laura Crooks, +44 (0)20-3047-2366, or Laura
Cocker, +44 (0) 20-3047-2365, both of Edelman, gain@edelman.com
Web Site: http://www.gaincapital.com/
http://www.forex.com/