GAIN Capital (NYSE:GCAP) has made an appointment to its senior management team, promoting Samantha Roady to the new role of president of the broker’s retail group with immediate affect, Finance Magnates has learned.
Ms. Roady has been a mainstay at GAIN Capital for over a decade, having joined the group back in 1999. In her new role as the President of Retail, she will maintain executive responsibility for GAIN’s $360 million retail business, which includes the brands FOREX.com and City Index.
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She steps into the new role after working as GAIN’s Executive Vice President (EVP) and Chief Commercial Officer (CCO) for over two years. Prior to this stint, she worked as the broker’s EVP and Chief Marketing Officer for over seven years, dating back to 2006. Additionally, she has also served as a Senior Vice President (SVP), Marketing between 1999 and 2006 – in this capacity she was also a founding partner of GAIN.
Additional stops also included FNX Limited as its Global Marketing Director, where she worked for nearly five years.
GAIN Capital recently made headlines when it reported its trading metrics for the month ending February 2016. GAIN’s retail OTC average daily volume yielded $13.2 billion, falling -17.0% MoM from January 2016. In addition, total retail OTC volumes showed $276.3 billion in February 2016, down -31.3% MoM from $318.6 billion in January 2016.