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GAIN Capital, Inc. Wins Enterprise Award For Growth and Achievement

Named "Best Start Up Company" by the Eastern Technology Council

WARREN, NJ - December 9, 2002 - GAIN Capital, Inc. the premier independent provider of foreign exchange services, including direct-access trading and asset management, has been named "Best Start Up Company" by the Eastern Technology Council (ETC), a Philadelphia-based association representing approximately 1,000 technology-oriented companies.

The award was announced December 3rd at the Eastern Technology Council's 10th Annual Enterprise Awards, which are the most heavily attended and most competitive awards in the region. Over 1500 people gathered for a black-tie ceremony and dinner.

GAIN Capital was one of three finalists in the "Start Up Company of the Year" category. Firms eligible for the award had to be in business less than three years and demonstrate the following criteria: solid growth in revenue, profitability and expansion initiatives; product or service innovation; credentials of management team and its collective ability and record of achieving success.

This year's Enterprise Awards included regional technology companies and educational institutions competing for seven awards, including Startup Company, Technology Growth Company, Life Sciences Achievement Award, Company of the Year, Educational Program of the Year, CEO Under Age 40 and CEO of the Year.

About GAIN Capital

GAIN Capital offers direct access to the global Foreign Exchange (FX) markets via a real-time, internet-based trading platform. Founded by a group of Wall Street veterans, GAIN revolutionized the foreign exchange market by being the first online FX trading firm to allow clients to deal directly from live, streaming quotes. GAIN is one of the largest, most respected firms in the industry, servicing clients from more than 70 countries around the globe including fund managers, Commodity Trading Advisors (CTAs), and individual traders. GAIN clients have access to 24-hour trading, interbank dealing spreads, no commission or transaction fees, 50:1 leverage, market commentary, charting/modeling and back-office services.

GAIN Capital is a registered Futures Commission Merchant (FCM), regulated by the Commodity Futures Trading Commission (CFTC), and is a member of the National Futures Association.

For more information, please visit http://www.gaincapital.com

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