The Gain Capital (Forex.com) / dbFX / FXCM triangle
gersegal's Blog
9 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Gain Capital acquired dbFX, Deutsche Bank’s branded entrant in retail Forex, nabbing in the process rival FXCM’s largest White Label client. dbFX will be closed down. But what exactly is Gain Capital buying? How large were dbFX’s volumes? Which “traditional” banks are now left in the online Forex business? And how did the market react to the announcement?
For more details see LeapRate's Forex Industry News at http://www.leaprate.com/News.html.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.