Gain Capital's Forex.com Introduces Lower Pricing

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15th June 2010, 01:12am - Views: 1487






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MEDIA RELEASE PR39981


GAIN Capital's FOREX.com Introduces Lower Pricing


NEW YORK, LONDON and SYDNEY, June 14 /PRNewswire-AsiaNet/ --


                Reduced spreads and enhanced price transparency


    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."




    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

Business Finance GAIN Capital Holdings, Inc. 3 image

    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


     SOURCE: GAIN Capital Holdings, Inc.


    CONTACT: In North America, 

             Savannah Tikotsky, 

             +1-212-808-4903, 


             or Christa Conte, 

             +1-212-808-4902, 

             both of Feintuch Communications, 

             gain@feintuchpr.com; 


             or in Europe, 

             Laura Crooks, 

             +44-(0)-20-3047-2366, 


             or Laura Cocker,

             +44-(0)-20-3047-2365, 

             both of Edelman, 

             gain@edelman.com


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