GAIN Capital's FOREX.com Expands Product Offering With New Currency Pairs and Equity Index CFDsBy Gain Capital Holdings Inc., PRNE
Sunday, December 12, 2010
NEW YORK, LONDON and SYDNEY, December 13, 2010 - GAIN Capital, a global provider of online trading services, today
announced the addition of nine new currency pairs and six equity index CFDs
to its FOREX.com product offering.
The new available currency pairs include Eastern European pairs including
the Polish Zloty (USD/PLN, EUR/PLN), Czech Republic Koruna, (USD/CZK,
EUR/CZK), Hungarian Forint (USD/HUF, EUR/HUF) and Turkish Lira (USD/TRY,
EUR/TRY.) In addition, the South African Rand/Japanese Yen cross (ZAR/JPY) is
now offered, a currency pair popular among carry traders.
FOREX.com also added six new CFDs on popular global equity indices,
allowing clients to take long or short positions on broad stock markets in
Australia (AUS200), Japan (JPN225), Hong Kong (HK40), USA (US30 and NAS 100)
and Europe (ESTX50).*
"Today's product expansion marks another milestone in our commitment to
providing our clients access to the most widely traded global markets,
including forex, stock indices, or commodities. As part of this commitment we
are constantly looking at ways to enhance and expand our product and service
offering," said Glenn Stevens, CEO, GAIN Capital.
Clients of FOREX.com can now trade 48 currency pairs, ten equity index
CFDs, plus gold, silver, and oil CFDs.
*Foreign exchange and CFD trading involves significant risk of loss, and
is not suitable for all investors. Potential traders should make sure they
understand the risks involved, seeking independent advice if necessary.
FOREX.com's Contracts for Difference (CFDs) are offered through GAIN Capital
- FOREX.com UK, Ltd, and GAIN Capital - FOREX.com Australia Pty Limited,
subsidiaries of GAIN Capital Holdings, Inc., and are not available to US
residents. The CFDs are offered with a margin requirement of one percent.
About GAIN Capital
GAIN Capital Holdings, Inc. is a global provider of online trading
services, specializing in foreign exchange (forex or FX) and contracts for
difference (CFDs). Customers and trading partners in more than 140 countries
have utilized the company's award-winning trading platform which transacts
nearly $250 billion per month.*
A pioneer in online forex trading, GAIN Capital operates FOREX.com, one
of the largest and best-known brands in the retail forex industry. It also
provides execution, clearing, custody and technology products and services to
an institutional client base including asset managers, broker/dealers and
other financial services firms.
With offices in New York City; Bedminster, New Jersey; London; Sydney;
Hong Kong; Tokyo and Seoul, GAIN Capital and its affiliates are regulated by
the Commodity Futures Trading Commission (CFTC) in the United States, the
Financial Services Agency (FSA) in the United Kingdom, the Financial Services
Agency (FSA) in Japan, the Securities and Futures Commission (SFC) in Hong
Kong, and the Australian Securities and Investments Commission (ASIC) in
GAIN's investor group includes private equity firms 3i, VantagePoint
Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic
Capital Partners. For company information, visit www.gaincapital.com
*Includes customer trades, rollovers, and counterparty transactions.
In North America: Christa Conte, +1-212-808-4902, Savannah Tikotsky, +1-212-808-4903, both of Feintuch Communications, gain at feintuchpr.com; or In Europe: Laura Cocker, +44(0)20-3047-2365 or Laura Crooks, +44(0)20-3047-2366, both of Edelman, gain at edelman.com; or In Australia: Jenny Sumner, +61-2-9291-3367 or Jace Armstrong, +61-2-9291-3337, both of Edelman, gainedelmansydney at edelman.com
Tags: australia, December 13, England, GAIN Capital Holdings Inc., London And Sydney, New York