Gain slips into Japan
Gain Capital, the retail specialist that recently filed for an IPO, has launched its forex.com, trading platform in Japan. “Japan is a very important market for us,” says Gain’s chief executive Glenn Stevens. “FX as an asset class is popular among Japanese investors and we believe that the retail FX market in Japan will continue to grow.”
Gain has previously had a presence in the country through white-label deals. Earlier this year, it acquired a majority interest in Japanese retail FX provider Fortune Capital, a white-label partner since 2002.