GAIN Capital Inc. announced an agreement to acquire privately-held American Traders FX Inc. (ATFX). GAIN Capital will assume all ATFX customer accounts and assets. ‘This acquisition reflects our aggressive focus on growth and market share,’ said Mark Galant, founder and chief executive officer of GAIN Capital. ‘GAIN is currently the fastest-growing independent provider of online foreign exchange trading services, and we view this acquisition as another step toward our goal of becoming the dominant market leader in online currency trading.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.