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| About GAIN: News & Events | Media Contacts |
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GAIN Capital Releases New Version of Internet-Based Foreign Exchange Trading Platform
Enhanced Order Entry, Risk Management and Performance Capabilities
WARREN, NJ, August 7, 2001 - GAIN Capital, the premier source for online currency trading (www.gaincapital.com), today announced a new release of the firm's Internet-based dealing software. Version 4.0 includes enhanced order capabilities, a redesigned user interface, and increased performance.
"The latest release incorporates many user requests and internal development initiatives from our trading desk and management team," commented Mark Galant, GAIN's CEO and founder. "Our goal is to continue to innovate online FX trading by increasing the speed and ease-of-use of our system," continued Galant, "and to maintain GAIN's reputation for offering the most robust trading technology available in the marketplace."
Version 4.0 new features include:
- Enhanced Order Capabilities: GAIN clients can now place orders at any rate - whether inside or outside the current bid/offer spread - and pay no commissions or fees. This provides clients maximum flexibility when trading on GAIN's platform. Moreover, a new automatic stop loss feature minimizes client's risk exposure to an adverse market move.
- Improved User Interface: A redesigned user interface offers clients a choice of color palettes and increased ergonomics. With Version 4.0, clients can more easily track market movements via large format bid/offer prices, reducing the chance of trader error during deal execution.
- System Optimization: Overall system performance was improved to support increased trade volume and faster load times for all users. The current version of the software can process over 12,000 trades an hour, and loads up to 50% faster than previous versions for clients with Internet connections of 56k or less.
Mr. Galant added that GAIN is just now hitting its stride. "Forex traders choose GAIN because of our respected management team, superior dealing practices, and trading technology," said Mr. Galant. "We have enjoyed a tremendously successful first year of business, and are now concentrating on adding value for our clients and maintaining our competitive advantage."
In June, Global Finance named GAIN Capital the "Best Independent Online Foreign Exchange Trading System."
GAIN Capital, founded in October 1999, began live trading in May 2000 to offer institutional and individual investors direct access to 24-hour, commission-free Forex trading at Interbank spreads. GAIN revolutionized the practice of Forex trading by being the first online FX trading firm to offer its clients the ability to deal directly from real-time, streaming quotes and execute FX trades in less than one second.
For more information, please visit www.gaincapital.com.
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