GAIN Capital Acquires Fortune Capital, Japanese Retail FX Broker

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Wed Mar 18, 2009 9:40am EDT

NEW YORK, March 18 /PRNewswire/ -- GAIN Capital Holdings Inc., a global
provider of online foreign exchange (forex) trading services, today announced
that it has acquired a controlling stake in Fortune Capital Co. Ltd, a
privately-owned provider of forex trading services in Japan.  A white label
partner to GAIN Capital since 2002, Fortune Capital maintains a Tier 1
securities license with Japan's Financial Services Agency (FSA). 

"The acquisition of Fortune Capital is an important step in our strategy of
expanding GAIN's business globally," said Glenn Stevens, CEO of GAIN Capital. 
"Fortune Capital is a respected player in the Japanese market, with high
standards for reliability and customer service. Through Fortune Capital, we
look forward to introducing GAIN's full capabilities to the Japanese market. 
This includes a broader product range, enhanced trading tools and, of course,
our market-leading trade execution capabilities."

"GAIN Capital is a worldwide leader in retail forex. Their FOREX.com division
is one of the top retail forex trading websites in the world, and I look
forward to leveraging their expertise and resources in order to provide
world-class products and services to forex traders in Japan," commented Wee
Pin Tan, founder and CEO of Fortune Capital. "Fortune Capital customers will
also benefit from a greater level of financial security that comes from being
part of a well-capitalized, multi-national company."

The financial terms of the transaction were not disclosed.  Wee Pin Tan
retains a minority stake in the company and will continue in his current role
as CEO.  

Over the next several months, Fortune Capital will introduce new products and
services, including an upgraded, fully localized version of GAIN's
award-winning trading platform, tighter spreads, enhanced charting tools,
real-time FX news and commentary, and improved online funding capabilities. 

About GAIN Capital 

GAIN Capital is a market leader in the rapidly growing online foreign exchange
(forex or FX) industry. Founded in 1999 by Wall Street veterans, GAIN now
services clients from more than 140 countries and supports average trade
volume in excess of $200 billion per month with its customers and
counterparties.

The company operates FOREX.com (www.forex.com) one of the largest, best-known
brands in the retail forex industry. FOREX.com services individual investors
of all experience levels with a full-service trading platform, advanced tools
and research, and extensive education and training. In addition, GAIN Capital
provides execution, clearing, custody, and technology products and services,
supporting over 50 correspondent and white label arrangements with
broker/dealers, Futures Commission Merchants (FCMs) and other financial
services firms around the globe. 

With offices in New York City, Bedminster, New Jersey, London and Tokyo, GAIN
Capital Holdings and its affiliates are regulated by the Commodity Futures
Trading Commission (CFTC) in the US, the Financial Services Authority (FSA) in
the United Kingdom, and the Financial Services Authority (FSA) in Japan.  For
more company information, visit www.gaincapital.com or www.forex.com.

About Fortune Capital 

Founded in 2002, Fortune Capital provides online foreign exchange (forex)
trading services in Japan.   Fortune is regulated by Japan's Financial
Services Agency (FSA) under the Financial Instruments and Exchange Law (FIEL).
For additional company information, please visit www.fortune-capital.co.jp. 

SOURCE  GAIN Capital Holdings Inc.

Media, Steph Johnson, +1-212-808-4904, steph@feintuchpr.com, or Christa Conte,
+1-212-808-4902, christa@feintuchpr.com, both of Feintuch Communications; or
Alicia Brown, GAIN Capital, +1-908-731-0731, albrown@gaincapital.com
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