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Gain Capital IPO This Week

The IPO of Gain Capital (forex,com) is due this week. Gain Capital Holding wishes to be valuated at $536 million. Gain pushed forward with the IPO, pending for quite a long time, after the successful IPO of of FXCM, done at the beginning of the month.

FXCM asked and got a valuation of over 1 billion dollars. Its share price rose from $14 at the IPO pricing to as high as $15.34, above the range of the IPO, but since then it fell, together with the market. On Friday, FXCM’s share closed at only $13, the lower border of the range.

Another drop in the stock markets this week could endanger the IPO of Gain. This will be interesting to follow.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.