Press Releases

NEW YORK, Nov. 9, 2010 /PRNewswire/ -- GAIN Capital Holdings Inc., a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), announced today that Crevan O'Grady and Christopher Calhoun have been elected to its Board of Directors.

Mr. O'Grady, a partner for private equity firm 3i, replaces Ken Hanau, a managing partner at 3i.  Mr. Calhoun, who has served as GAIN Capital's senior advisor since April 2009, replaces Roger Tarika, who has stepped down from the Board.

"Crevan and Chris bring unique perspective and business knowledge to the Board," said Glenn Stevens, CEO of GAIN Capital. "They are both experienced leaders and are well suited to help lead GAIN into its next phase of growth."

Mr. O'Grady brings more than a decade of experience developing business for 3i's Technology, Media & Telecoms team globally.  Most recently, he was responsible for running the firm's consumer sector team.  Prior to joining 3i, Mr. O'Grady worked for KPMG in Leeds, where he qualified as a Chartered Accountant. Mr. O'Grady received his bachelor's degree in business and accounting from Dundee University.

From November 2000 to April 2009, Mr. Calhoun held senior operating roles at GAIN Capital, including chief operating officer and vice president of business technology.   Prior to GAIN Capital, Mr. Calhoun served as chief operating officer of FNX Limited, a privately held provider of trading and risk management solutions to the international financial community.  Mr. Calhoun received his B.S. in finance and MBA from La Salle University.  Mr. Calhoun also serves on the Board of Scivantage.

With the election of Mr. O'Grady and Mr. Calhoun, GAIN's Board of Directors has 10 members, including Founder and Chairman Mark Galant; CEO Glenn Stevens; Peter Quick, former president of the American Stock Exchange; Joseph A. Schenk, former CFO of Jefferies Group; Susanne D. Lyons, former chief marketing officer, VISA USA; Gerry McCrory, managing director, Cross Atlantic Capital Partners; Chris Sugden, general partner, Edison Venture Fund; and Jim Mills, managing director, VantagePoint Venture Partners. For additional information about GAIN Capital's board of directors, visit www.gaincapital.com/company_board.html.

About GAIN Capital

GAIN Capital Holdings, Inc. is a global provider of online trading services, specializing in foreign exchange (forex or FX) and contracts for difference (CFDs). Customers and trading partners in more than 140 countries have utilized the company's award-winning trading platform which transacts nearly $250 billion per month.*

A pioneer in online forex trading, GAIN Capital provides execution, clearing, custody and technology products and services to an institutional client base including asset managers, broker/dealers and other financial services firms.  GAIN also operates FOREX.com, one of the largest and best-known brands in the retail forex industry.

With offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo and Seoul, GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the United States, the Financial Services Agency (FSA) in the United Kingdom, the Financial Services Authority (FSA) in Japan, the Securities and Futures Commission (SFC) in Hong Kong, and the Australian Securities and Investments Commission (ASIC) in Australia.

GAIN's investor group includes private equity firms 3i, VantagePoint Venture Partners, Tudor Ventures, Edison Venture Fund and Cross Atlantic Capital Partners.  

For company information, visit www.gaincapital.com or www.forex.com.

*Includes customer trades, rollovers, and counterparty transactions.

SOURCE GAIN Capital Holdings, Inc.