GAIN Capital's Glenn Stevens discusses the group's impetus behind the acquisition of City Index as well as its UK and global ambitions.
GAIN Capital has a key vacancy to fill, following the departure of Muhammad Rasoul, its Executive Vice President and Chief Product Officer.
Mr. Laidi's four-year stint at City Index has ended, possibly portending some personnel movement at the recently acquired firm.
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Shares of GAIN Capital are now down nearly 30% from their June highs as they may issue a loss for the Q2 operating period.
The company will also scrap the Dealbook 360 platform, while supporting institutional white labels via City Index’s Advantage Trader.