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Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
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LeapRate
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LeapRate's Forex Industry News
  • Gain Capital (Forex.com) Q4 Results – OUCH! 0 comments
    Feb 29, 2012 7:54 AM | about stocks: GCAP, FXCM, IGGRY, SWQGF

    Retail volumes down, Revenues down, EBITDA and Net Loss.....

    Forex.com logoU.S.-based Forex firm Gain Capital (Forex.com) announced Q4 results yesterday, and they were not pretty. Financially, Gain reported its lowest quarterly revenue ($31.6 million) since Q2 of 2007. And not surprisingly, with Q4 revenue down 41% (!!) from Q3 and down 23% from Q4 last year, Gain reported a loss at both the EBITDA line (-$3.1 million) and net income (-$1.6 million). Not exactly a great quarter.

    Gain Q4_volumes Gain Q4_revs

    For more details see LeapRate's Forex Industry News at leaprate.com

    Get the_LeapRate-DJ_FIR_today_ad_bb
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