GFT Asia (GFT Markets)

GAIN Capital Completes Acquisition of GFT
BEDMINSTER, N.J., Sept. 24, 2013 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP) (the "Company" or "GAIN Capital") today announced it has completed the acquisition of Global Futures & Forex, LTD ("GFT").

"The acquisition of GFT will yield numerous benefits for our clients, partners and shareholders," said Glenn Stevens, Chief Executive Officer of GAIN Capital. "The combined company boasts a deeper global footprint, a robust offering of more than 12,500 financial products, and industry-leading trading technology. We intend to use GFT's broad product offering, innovative tools and educational capabilities to further strengthen our competitive position, while realizing significant synergies from combining the best of both organizations," continued Mr. Stevens. "This transaction is an important strategic step in solidifying our leadership position in the industry."

Source: http://ir.gaincapital.com/phoenix.zhtml?c=241648&p=irol-newsArticle&ID=1857635