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Gain Capital City Index
The company acquired the City Index UK broker for $118 million, boosting its CFD business and expanding its Forex business in the United Kingdom.
GAIN Capital group is an online trading company provides markets access and trade execution services in forex market, CFDs and stocks. The company allows retail and institutional clients to speculate on global forex markets in what is known as margin currency trading.
The group owns top Forex brands like Forex.com, GTX and City Index UK broker. The company headquarter is in U.S. and has branches in UK, Europe and Asia.