Gain Capital has agreed to buy online trading firm City Index for about $118m. The merged company will service 235,000 retail customers in more than 180 countries with annual trading volumes of Gain Capital is paying a total of $118 million, although from a cash perspective it will come out ahead by about $16 million. City Index has about $36 million of cash on its books, while the purchase price will consist of $20 million in cash, The total price of the acquisition is estimated at $148 million, with $36 million paid in cash (reflecting about US$21 million of excess regulatory capital at City Index), 5,319,149 shares of GAIN Capital Holdings’ (NYSE:GAIN) common stock and $60 million in convertible loan notes issued by the owner of the Forex.com brand. GAIN Capital GAIN Capital is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference Announced Date Oct 31, 2014 Completed On Date Apr 1, 2015 Acquisition Type Acquisition Price €96M Acquisition Status Complete Unlock Charts on Crunchbase BEDMINSTER, N.J., Oct. 31, 2014 /PRNewswire/ -- GAIN Capital Holdings, Inc. GCAP, -4.34%, today announced that it has entered into a definitive agreement to acquire City Index (Holdings) Limited Today, City Index continues to operate as an independent brand under GAIN Capital in the UK and in Asia, bringing a multi-asset solution that gives traders access to over 12,000 products across global markets (consisting of 4,500 CFDs and 8,000 spread-betting markets).
3 Feb 2020 City Index owner Gain Capital has been approached about a takeover by a US rival according to the weekend press. Is City Index for sale
The combination of GAIN Capital and City Index creates a global leader in online trading, operating two market-leading brands in GAIN's FOREX.com, a top retail forex brand globally, and City Index, a premier CFD and spread bet brand. The combination of GAIN Capital and City Index creates a global leader in online trading, operating two market-leading brands in GAIN's FOREX.com, a top retail forex brand globally, and City Index GAIN Capital Holdings (NYSE:GCAP) has formally entered into an agreement to acquire FX, CFD and UK spread betting firm, City Index Limited, for $118million, with a net purchase price of $82 million, including $36 million in cash. The new deal will effectively forge a streamlined entity in Gain Capital acquires City Index for $118 million Terms of the Transaction. The purchase price will consist of $20 million in cash, City Index Acquisition Conference Call. GAIN will host a conference call today, Friday, October 31, Preliminary Third Quarter Results. GAIN Capital also These are all the companies that Gain Capital has acquired. Gain Capital has acquired 7 companies and its latest acquisition was City Index in Sep 2014. City Index offers spread betting and computational fluid dynamics trading services. Our businesses include global CFD and FX brands FOREX.com and City Index; and our futures group, which provides access to the world's major commodity and derivatives trading on over 30 global exchanges. GAIN Capital is headquartered in Bedminster, New Jersey, and has a global presence with 800+ staff across North America, Europe and Asia Pacific.
City Index is a spread betting, FX and CFD Trading provider based in the UK. City Index is part of GAIN Capital and is regulated by the Financial Conduct Authority . [2] The company is headquartered in London and has offices in the United Kingdom, Australia, Singapore and Dubai.
1 Apr 2015 (NYSE: GCAP) (the "Company" or "GAIN Capital") today announced it has completed the acquisition of City Index (Holdings) Limited ("City Index") 31 Oct 2014 The deal is GAIN's second acquisition in just over a year. In September 2013 it bought Global Futures and Forex, a foreign exchange and Acquired by. Logo of GAIN Capital. GAIN Capital. Number of Acquisitions 1. City Index. Spread betting, CFD & Forex trading. London, England, United Kingdom. GAIN Capital has acquired 2 organizations. Their most recent acquisition was City Index on Oct 31, 2014 . They acquired City Index for €96M . Which types of 21 Feb 2020 Key GAIN Capital Holdings' Executives; City Index Minimum Trade Size City Index expanded its presence in forex with the acquisition of FX 3 Feb 2020 City Index owner Gain Capital has been approached about a takeover by a US rival according to the weekend press. Is City Index for sale Voted “Best Cryptocurrency Trading Platform” at the 2018 OPWA Awards. City Index is a trading name of GAIN Capital UK Limited. Head and Registered Office:
31 Dec 2016 FOREX.com GAIN Capital Group (registered service mark), Forex Insider consideration for the City Index acquisition, and interest expense on
Gain Capital Holdings acquired City Index in 2015 and with its commitment to offer traders fair, transparent and market-leading services, the company further City Index is a subsidiary of GAIN Capital Holdings, Inc. (NYSE: GCAP), a global leader in online trading. As a global, publicly traded company, GAIN must meet 7 Mar 2018 City Index was founded in the UK in 1983 as one of that country's first by the 2008 acquisition of foreign exchange broker FX Solutions that held a In addition to City Index, GAIN Capital also owns Forex.com, a world forex 8 Apr 2015 Gain Capital's deal to buy City Index creates the UK's second-biggest The acquisitive Gain is still on the lookout for further acquisitions in the 31 Dec 2016 FOREX.com GAIN Capital Group (registered service mark), Forex Insider consideration for the City Index acquisition, and interest expense on
The aggregate purchase price was approximately US$148 million, consisting of approximately US$36 million in cash (which reflects approximately US$21 million of excess regulatory capital at City
City Index is a spread betting, FX and CFD Trading provider based in the UK. City Index is part of GAIN Capital and is regulated by the Financial Conduct During 2005, City Index acquired the IFX Group, in doing so procuring FX broker IFX 1 Apr 2015 (NYSE: GCAP) (the "Company" or " GAIN Capital ") today announced it has completed the acquisition of City Index (Holdings) Limited ("City Index 1 Apr 2015 (NYSE: GCAP) (the "Company" or "GAIN Capital") today announced it has completed the acquisition of City Index (Holdings) Limited ("City Index") 31 Oct 2014 The deal is GAIN's second acquisition in just over a year. In September 2013 it bought Global Futures and Forex, a foreign exchange and Acquired by. Logo of GAIN Capital. GAIN Capital. Number of Acquisitions 1. City Index. Spread betting, CFD & Forex trading. London, England, United Kingdom. GAIN Capital has acquired 2 organizations. Their most recent acquisition was City Index on Oct 31, 2014 . They acquired City Index for €96M . Which types of