GAIN CAPITAL / eSIGNAL JOIN FORCES TO OFFER INTEGRATED ONLINE FOREX TRADING SOLUTION

Discussion in 'Events' started by Raphel Finelli, May 28, 2003.

  1. Raphel Finelli

    Raphel Finelli eSignal

    GAIN CAPITAL and eSIGNAL JOIN FORCES TO OFFER THE FIRST INTEGRATED ONLINE FOREX TRADING SOLUTION

    Partnership to Provide Charting/Analytics from eSignal and Real-Time Forex Rates and Direct Execution from GAIN Capital

    Las Vegas, NV -- May 2003 -- GAIN Capital, Inc., a registered FCM and the premier independent provider of foreign exchange (forex) services, including direct-access trading and asset management and eSignal, a division of Interactive Data Corporation and a provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders unveiled a new, integrated forex trading solution at The 15th Annual Las Vegas Money Show in Las Vegas, NV. The first of its kind, the offering allows forex traders to monitor market activity, identify trading opportunities and execute trades from a single platform.

    “This partnership brings together the best in charting/analytics with the market leader in forex trading,” stated Chuck Thompson, president of eSignal. “eSignal provides forex traders with real-time data and sophisticated technical analysis tools that allow them to make real time trading decisions. Now, they can also instantly execute trades with GAIN Capital directly from eSignal’s application.”

    The integrated solution provides eSignal users with GAIN’s real-time, streaming forex rates. Moreover, eSignal users with a GAIN Capital trading account can now:

    · Execute trades directly from eSignal’s market data and charting system
    · Send market orders directly to GAIN’s trading platform
    · Obtain split-second trade executions from GAIN
    · Confirm trades directly within eSignal, eliminating the need to toggle back and forth between eSignal and GAIN’s trading platform to check on trade confirmations
    · Monitor open positions via a direct link from eSignal to GAIN’s trading platform

    “As traders broaden their scope beyond equities and embrace markets such as foreign exchange, it’s important to offer them the ability to utilize the decision support tools with which they feel comfortable,” commented Mark Galant, founder and CEO of GAIN Capital. “We are pleased to be eSignal’s forex partner and believe this joint offering to be, without a doubt, the optimal solution for active forex traders.”

    About GAIN Capital

    GAIN Capital (www.gaincapital.com) offers direct access trading and asset management services for the global Foreign Exchange (FX) markets. GAIN Capital is a registered Futures Commission Merchant (FCM), regulated by the Commodity Futures Trading Commission (CFTC), and is a member of the National Futures Association. GAIN revolutionized the FX market by being the first online FX trading firm to allow clients to deal instantaneously from live, streaming quotes.

    A recognized market leader, GAIN services clients from more than 80 countries around the globe including fund managers, Commodity Trading Advisors (CTAs), and individual traders. The firm achieved record trade volume in 2002, transacting over $200 billion.

    For additional information about the partnership, click on http://www.gaincapital.com/index.asp?page=RsEsignal or visit www.gaincapital.com

    About eSIGNAL

    The eSignal division (www.esignal.com) of Interactive Data Corporation (www.interactivedatacorp.com) is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, eSignal provides streaming, real-time market data, news and analytics. The company's suite of products includes eSignal, eSignal Market Scanner, Advanced GET, eSignal Pro, MarketCenter and TurboFeed.


    Press Contact:

    GAIN Capital
    Kiersten Williams
    kwilliams@williams-consult.com
    Tel: 1.516.746.7121

    eSignal
    Raphel Finelli
    rfinelli@mail.eSignal.com
    Tel: 510-723-3501