GAIN Merges With Fortune Capital To Stir Up Japanese Market

GAIN Capital Holdings Inc., a provider of online foreign exchange (forex) trading services, has acquired a controlling stake in Fortune Capital Co. Ltd, a privately owned provider of forex trading services in Japan. A white label partner to GAIN Capital

By None

GAIN Capital Holdings Inc., a provider of online foreign exchange (forex) trading services, has acquired a controlling stake in Fortune Capital Co. Ltd, a privately-owned provider of forex trading services in Japan.

A white label partner to GAIN Capital since 2002, Fortune Capital maintains a Tier 1 securities license with Japan’s Financial Services Agency (FSA).

Over the next several months, Fortune Capital will introduce new products and services, including an upgraded, fully localized version of GAIN’s trading platform, tighter spreads, enhanced charting tools, real-time FX news and commentary, and improved online funding capabilities.

“The acquisition of Fortune Capital is an important step in our strategy of expanding GAIN’s business globally,” says Glenn Stevens, CEO, GAIN Capital. “Fortune Capital is a respected player in the Japanese market, with high standards for reliability and customer service.”

“Through Fortune Capital, we look forward to introducing GAIN’s full capabilities to the Japanese market. This includes a broader product range, enhanced trading tools and, of course, our market-leading trade execution capabilities.”

“GAIN Capital is a worldwide leader in retail forex,” says Wee Pin Tan, founder and CEO, Fortune Capital. “Fortune Capital customers will also benefit from a greater level of financial security that comes from being part of a well-capitalized, multi-national company.”

L.D.

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