Breaking: GAIN Capital Up 23% on Unconfirmed Acquisition Rumor
- The company responded to Finance Magnates that it does not comment on market rumors or speculation
Shares of US-listed brokerage company GAIN Capital are trading higher by almost 23 percent as of writing, amid a rumor that the company received an Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term offer from one of its major rivals. Finance Magnates has been unable to confirm the news and has reached out to the company for an official statement, to which the company responded that it does not comment on market rumors or speculation.
The source of the initial report appears to be a UK-based website called Betaville. The short alert posted on that website stated that the offer is coming from “usually well-informed sources”. We will keep our readers updated on the matter as the story unfolds.
Most recently, shares of GAIN Capital have been trading close to all-time lows below $4 per share. The company has been struggling to maintain the level of trading volumes it transacted before the ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term’s new regulatory framework took effect.
While we speculate on the potential acquisition offers, some names come to mind. The obvious candidates are well-capitalized brokers like IG Group, which just entered the US market, and the current stronghold in the retail FX space, which has a significant interest in FXCM, Jefferies.
Companies which do not hold a US license also could be prospective buyers but are much less likely to pursue a direct purchase of their rival. In the meantime the stock continues to rally, hitting 30% higher on the day.
GAIN Capital's shares spiked higher to trade almost 30% higher at one point
Shares of US-listed brokerage company GAIN Capital are trading higher by almost 23 percent as of writing, amid a rumor that the company received an Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term offer from one of its major rivals. Finance Magnates has been unable to confirm the news and has reached out to the company for an official statement, to which the company responded that it does not comment on market rumors or speculation.
The source of the initial report appears to be a UK-based website called Betaville. The short alert posted on that website stated that the offer is coming from “usually well-informed sources”. We will keep our readers updated on the matter as the story unfolds.
Most recently, shares of GAIN Capital have been trading close to all-time lows below $4 per share. The company has been struggling to maintain the level of trading volumes it transacted before the ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term’s new regulatory framework took effect.
While we speculate on the potential acquisition offers, some names come to mind. The obvious candidates are well-capitalized brokers like IG Group, which just entered the US market, and the current stronghold in the retail FX space, which has a significant interest in FXCM, Jefferies.
Companies which do not hold a US license also could be prospective buyers but are much less likely to pursue a direct purchase of their rival. In the meantime the stock continues to rally, hitting 30% higher on the day.
GAIN Capital's shares spiked higher to trade almost 30% higher at one point