GAIN Capital Holdings, Inc. Announces Board Changes
October 03, 2017 at 08:00 am EDT
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GAIN Capital Holdings, Inc. announced that Joseph A. Schenk, a current independent director of GAIN Capital, was appointed Chairman of the Board of Directors, replacing Peter Quick, who will resign as Chairman effective September 27, 2017. Mr. Quick will remain active on the board as an independent director. In addition, the company added a new independent director, Alex Goor, former Chief Information Officer of Interactive Data Corporation, effective on the same date. Joseph Schenk has served as a member of the GAIN Capital board of directors since April 2008. Presently, Mr. Schenk is a Managing Director at Westaim Corp. From 2010 to 2015, Alex was the Chief Information Officer of Interactive Data Corporation (IDC). In 2015, the group sold IDC to ICE/NYSE for $5.3 billion.
GAIN Capital Holdings, Inc. (GAIN) provides active traders and institutions with liquidity, technology and service to trade global markets. The Company is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company's segments include Retail and Futures. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex. Its futures segment offers execution and risk management services for exchange-traded futures and futures options on the United States and European exchanges.