GAIN Capital (NYSE:GCAP) has fortified its institutional foreign exchange (FX) staff by appointing veteran Daniel Beale as its Institutional Sales and Trading specialist, where he will be based out of London, a company representative has confirmed to Forex Magnates.
Earlier this month, GAIN Capital (NYSE:GCAP) made headlines following the overwhelming support and subsequent approval from its shareholders, formally facilitating the acquisition of FX, CFD, and UK spread betting firm, City Index Limited.
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In his new role in GAIN Capital’s (NYSE:GCAP) institutional business, Mr. Beale will focus exclusively on the company’s sales and trading capabilities. He will be based out of the firm’s London branch.
Prior to joining GAIN Capital (NYSE:GCAP), Mr. Beale established himself as an industry mainstay at London Capital Group (LCG) in a number of senior level roles. These include among others, eFX new business manager and FX sales executive, dating back to 2007.
Before becoming a part of London Capital Group in 2007, Mr. Beale also managed FX operations at Citi for over four years.