Gain Capital Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 23, 2020 at 04:14 pm EDT
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GAIN Capital Holdings, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating income was USD 20.7 million compared to USD 6.5 million a year ago. Net income was USD 14.3 million compared to USD 0.9 million a year ago. For the half year, operating income was USD 126.6 million compared to operating loss of USD 24.5 million a year ago. Net income was USD 91.6 million compared to net loss of USD 27.4 million a year ago.
GAIN Capital Holdings, Inc. (GAIN) provides active traders and institutions with liquidity, technology and service to trade global markets. The Company is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company's segments include Retail and Futures. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex. Its futures segment offers execution and risk management services for exchange-traded futures and futures options on the United States and European exchanges.