GAIN Capital Holdings, Inc. Launches Ethereum, Litecoin, Ripple and Bitcoin Cash
April 06, 2018 at 01:35 am IST
Share
GAIN Capital Holdings, Inc. announced the continued rollout of the company's cryptocurrency offering, with the recent launch of Ethereum, Litecoin, Ripple and Bitcoin Cash in the U.K., Europe, Australia and Singapore on the company's FOREX.com and City Index services. The company has also expanded its Bitcoin offering, allowing customers to trade Bitcoin directly against the Euro (BTC/EUR), British pound (BTC/GBP) and Australian dollar (BTC/AUD), in addition to the U.S. dollar. The company offers cryptocurrency trading either as an over-the-counter (OTC) derivative or as a future, allowing traders to speculate on price movements without owning the underlying asset. The launch of the additional cryptocurrencies follows the initial introduction of Bitcoin trading in the U.K. and Europe in December 2017 across the company's City Index and FOREX.com services, and in Australia and Singapore in January 2018. The company offers Bitcoin futures in the U.S. through its Futures Online and Daniels Trading brands.
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.