July 2009: Almost all US brokers lose money

Friday, 11/09/2009 | 13:00 GMT by Michael Greenberg

It's interesting to see that July was a bad month for all brokers. With the exception of GFT, Oanda and MB Trading all brokers lost money that month. It's also very interesting to see that Gain Capital lost over $12 million dollars - I'm not aware of any reason behind that. It is in-line however with the $50 million loss so far that Gain reported couple of weeks ago in its IPO registration documents.

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