GAIN Capital's FOREX.com Introduces Lower Pricing
By Gain Capital Holdings Inc., PRNESunday, June 13, 2010
Reduced spreads and enhanced price transparency
NEW YORK, LONDON and SYDNEY, June 14, 2010 - GAIN Capital Holdings, Inc., a global provider of online trading
services, today announced a new pricing structure for its FOREX.com brand,
reducing spreads by up to 50 percent on previous minimum spreads. FOREX.com's
global customers will now be able to trade on spreads as low as 0.9 pips on
some of the most popular currency pairs, including EUR/USD, GBP/USD, and
USD/JPY.
The company's new pricing has been designed to offer maximum transparency
to customers. In addition to publishing minimum spreads for each product,
FOREX.com will publish its "typical spread" and has also implemented a
"maximum spread" for each product, intended to protect traders from
excessively wide spreads in most volatile market conditions.
"We are always looking for ways to improve our customer service. Our long
standing relationships with some of the world's leading global banks, coupled
with significant technology investments over the past several years, enable
us to offer highly competitive pricing to our customers worldwide," said
Glenn Stevens, CEO, GAIN Capital. "On top of lowering our customer's
transaction costs, we will continue to work hard to ensure we maintain the
high execution standards our customers have come to expect."
For more information, visit www.forex.com.
Further information: FOREX.com Spreads - Most Popular Product Min Typical Product Min Typical Product Min Typical EUR/USD 0.9 2.1 USD/JPY 0.9 1.9 GBP/USD 0.9 3.2 AUD/USD 0.9 2.3 EUR/JPY 1.1 3.1 EUR/GBP 1.0 3.7 USD/CHF 0.9 3.1 GBP/JPY 2.1 5.0 EUR/CHF 1.3 3.5 USD/CAD 0.9 3.7 NZD/USD 0.9 2.9 XAU/USD 55.0 57.0 Product Min Typical Product Min Typical Product Min Typical NZD/JPY 2.8 4.9 CAD/JPY 2.8 4.5 AUD/JPY 2.8 4.3 EUR/AUD 3.8 5.8 CHF/JPY 1.8 3.7 EUR/CAD 3.3 6.1 AUD/NZD 3.8 8.9 AUD/CAD 2.0 4.3 GBP/CAD 3.8 7.3 GBP/AUD 3.8 7.3 EUR/NZD 6.8 12.2 GBP/NZD 14.5 17.0 AUD/CHF 4.3 4.9 NZD/CHF 5.3 5.8 NZD/CAD 6.8 7.1 CAD/CHF 5.3 5.6 USD/HKD 4.3 4.7 USD/SGD 4.3 4.8 SGD/JPY 3.8 4.4 USD/NOK 20.8 50.3 USD/SEK 20.8 43.7 USD/DKK 3.3 5.5 EUR/NOK 20.8 56.8 EUR/SEK 20.8 59.8 EUR/DKK 3.3 5.0 USD/ZAR 55.0 85.0 USD/MXN 55.0 90.0 XAG/USD 4.0 4.5 XAU/CHF .76 .93 XAU/EUR .66 .67 XAU/AUD .76 .91 XAU/GBP .66 .68 Commodities Product Min Typical Product Min Typical USOIL 5 6 UKOIL 5 7
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 US$250 billion per month.
A pioneer in online forex trading, GAIN Capital provides execution,
clearing, custody and technology products and services to an institutional
client base including asset managers, broker/dealers and other financial
services firms. GAIN also operates FOREX.com, one of the largest and
best-known brands in the retail forex industry.
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 Authority (FSA) in the United Kingdom, the Financial
Services Authority (FSA) in Japan, the Securities and Futures Commission
(SFC) in Hong Kong, and the Australian Securities and Investments Commission
(ASIC) in Australia.
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 or
www.forex.com
In North America, Savannah Tikotsky, +1-212-808-4903, or Christa Conte, +1-212-808-4902, both of Feintuch Communications, gain at feintuchpr.com; or in Europe, Laura Crooks, +44-(0)-20-3047-2366, or Laura Cocker,+44-(0)-20-3047-2365, both of Edelman, gain at edelman.com
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