Gain IPO - Capital Will Reflect Lower Valuation

Gain IPO – Capital Will Reflect Lower Valuation

The IPO of Gain Capital Holdings (forex.com) will go ahead on Wednesday, December 15th. Michael Greenberg reports about this exact scheduling and says that the valuation will be around $434 million, significantly lower than $536 originally estimated.

Gain’s IPO got an informal “green light” after the successful IPO of FXCM held at the beginning of the month. Note that FXCM’s share dropped below the IPO price, but the company is still has a high valuation.

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. Yohay's Google Profile

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