GAIN Capital's GAIN GTX Launches Specialty Execution Desk

LONDON and BEDMINSTER, New Jersey, September 27, 2011 /PRNewswire/ --

- New Service Provides GAIN GTX Clients Access to a Team of FX Professionals to Assist with Pricing, Transactions, and Market Surveillance

GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced today the launch of a new execution desk for GAIN GTX, its institutional ECN offering.  GAIN GTX clients now have 24-hour access to experienced FX professionals who will assist them in leveraging the extensive credit network and liquidity in the GTX marketplace to price and execute transactions. The desk will cover all aspects of the FX markets, including spot, swaps, NDF's, and options.  

"The GAIN GTX execution desk is an excellent complement to the online trading capabilities of the platform," commented Vincent Sangiovanni, chief operating officer of GAIN GTX.  "While many of our clients exclusively access the liquidity of GTX marketplace online, other clients, on occasion, require the help of a professional desk, whether it be for swaps, option structures, or attentive treatment of their orders, as well as timely market updates and commentary."

The GAIN GTX execution desk is headed by Ross Taylor, an industry veteran with more than thirty years of experience in building successful and well-regarded execution teams.  Most recently, Mr. Taylor ran FX sales at Natixis, a division of Group BPCE, the second-largest banking group France.  Prior to that he was at Bear Stearns, where he helped pioneer many of the aspects of FX Prime Brokerage and agency execution models.  Reporting to Mr. Sangiovanni, Mr. Taylor will manage a team of experienced FX professionals with an average of more than twenty years in the FX markets.

"The FX market is highly focused on technology, algorithms and efficiency, but there is still a need for the human touch," added Glenn Stevens, GAIN's chief executive officer.  "As a company, we will continue to invest in both people and technology to ensure that we remain a leader in foreign exchange trading."

The GAIN GTX execution desk is the latest development for GAIN Capital's institutional business.  In April of this year, the company launched GTX Direct, its FX prime brokerage service. GTX Direct allows qualified investors without an existing FX prime brokerage relationship to leverage GAIN Capital's central clearing facilities in order to access the liquidity available in the GAIN GTX marketplace.  

About GAIN GTX

GAIN GTX is a fully independent FX ECN featuring advanced execution and order management capabilities, powered by a sophisticated credit engine.  The technology allows users to trade with all GTX participants, not just the traditional liquidity providers, providing a true client-to-client trading experience.   GTX also features robust algorithmic trading capabilities, enabling clients to develop and implement a wide range of buy- and sell-side trading strategies using GTX's Java or FIX-based APIs.  GAIN GTX is also a powerful aggregation tool for the pooling of liquidity into a single user interface.  GTX aggregates streaming executable prices from multiple liquidity sources and automatically displays the best price available, helping to optimize liquidity and ensure best execution.

For further information regarding GAIN GTX, visit http://www.gaingtx.com.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.

A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN's other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; and Seoul.

For company information, visit http://www.gaincapital.com.