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| About GAIN: News & Events | Media Contacts |
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GAIN Capital Selects Market News International As Real-time News Provider
Firm integrates streaming news into their web-based FX trading application
WARREN, NJ, July 20, 2000 - GAIN Capital, the premier source for online currency trading (www.gaincapital.com), today announced they have licensed Market News International's Bullet Points product to provide their client base with real-time FX news. The product has been fully integrated into GAIN's Java-enabled trading application and is now available to GAIN clients 24-hours a day.
Glenn Stevens, Head of Sales and Trading for GAIN Capital, commented that Market News International is one of the leading news providers in the investment community. "Professional market participants use Market News International because they have a reputation for fast, detailed, and above all, reliable market information," said Stevens. "We looked at many content providers and concluded that Market News' FX Bullet Points product was the best offering for our clients."
FX Bullet Points is scrolling real-time reporting that covers all market activity, including economic data, live reporting from major money centers, key technical support and resistance levels, as well as insider information on deal flow and transactions that impact the market.
The agreement marks Market News International's first foray into web-based delivery of FX news. Thomas Kenney, Market News International's Vice President of Global Sales, comments that the growing trend of online FX trading precipitated the move. "We worked with GAIN Capital to develop a web-based delivery mechanism, and are pleased to be able to offer their client base a news service that both meets their needs and allows Market News to be a part of the growing trend towards online FX trading."
GAIN Capital, founded in 1999, offers institutional and individual investors direct access to 24-hour, commission-free Forex trading at Interbank spreads. GAIN Capital's Internet-based service raises the bar for the industry - in terms of standards, highly respected staff and superior dealing practices - and revolutionizes the practice of FX trading by allowing clients to instantly deal from live, streaming quotes. For more information, please visit www.gaincapital.com.
Market News International is an accredited international news organization providing real-time, global interest-rate sensitive news and information. Content is provided by former market participants and combines news reporting with insight into market moving developments. Clients and sources include major firms and central banks. For more information, please visit www.marketnews.com.
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