As usual Gain Capital released a quarterly earnings presentation for Q2 2012, and as usual it has some interesting facts in it:

Retail trading revenue (quarterly basis) was up at $119.8, on annual basis it was $100.1

Open E Cry Acquisition

On June 28, 2012 Gain announced its acquisition of Open E Cry from optionsXpress, a subsidiary of the Charles Schwab Corp.

  • Purchase price: $12mm
  • Expected to close in Q3 2012

Company Overview

Transaction Rationale

  • New commission revenue stream generated on a per trade basis
  • Global expansion of OEC’s geographic footprint
  • Cross-selling between futures and FX

table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}

.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}

MonthFunded Retail AccountsNew Retail AccountsClient Assets
Jul-1178,0822,350$283.4
Aug-1177,1402,886303.7
Sep-1177,0132,616286.4
Oct-1176,4962,372311.8
Nov-1176,6472,330319.3
Dec-1176,4852,195310.4
Jan-1276,8472,145313.6
Feb-1275,9042,371320.2
Mar-1273,8442,356325.9
Apr-1273,9962,260332.4
May-1274,4522,463300.5
Jun-1274,6212,139320.2

As usual Gain Capital released a quarterly earnings presentation for Q2 2012, and as usual it has some interesting facts in it:

Retail trading revenue (quarterly basis) was up at $119.8, on annual basis it was $100.1

Open E Cry Acquisition

On June 28, 2012 Gain announced its acquisition of Open E Cry from optionsXpress, a subsidiary of the Charles Schwab Corp.

  • Purchase price: $12mm
  • Expected to close in Q3 2012

Company Overview

Transaction Rationale

  • New commission revenue stream generated on a per trade basis
  • Global expansion of OEC’s geographic footprint
  • Cross-selling between futures and FX

table.tableizer-table {border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; font-size: 12px;} .tableizer-table td {padding: 4px; margin: 3px; border: 1px solid #ccc;}

.tableizer-table th {background-color: #104E8B; color: #FFF; font-weight: bold;}

MonthFunded Retail AccountsNew Retail AccountsClient Assets
Jul-1178,0822,350$283.4
Aug-1177,1402,886303.7
Sep-1177,0132,616286.4
Oct-1176,4962,372311.8
Nov-1176,6472,330319.3
Dec-1176,4852,195310.4
Jan-1276,8472,145313.6
Feb-1275,9042,371320.2
Mar-1273,8442,356325.9
Apr-1273,9962,260332.4
May-1274,4522,463300.5
Jun-1274,6212,139320.2