Brief Look at GAIN Capital
GAIN Capital Holdings, Inc., the company behind the GAIN Capital brand, ceased to operate as an independent entity following a corporate acquisition. On February 27, 2020, the company announced an agreement to be acquired by INTL FCStone Inc., now StoneX Group Inc., for $6.00 per share, according to filings with the U.S. Securities and Exchange Commission (SEC). The transaction was completed on July 31, 2020. After the acquisition, GAIN Capital became a wholly owned subsidiary of StoneX, and all outstanding shares were converted into the right to receive cash.
As a result, GAIN Capital stopped operating as an independent public company. StoneX stated that GAIN’s clients, infrastructure, and technologies would be integrated into the combined group. The official GAIN Capital website in its previous form is no longer accessible.
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