GAIN Capital Appoints John Rhoten as a Class II Director

GAIN Capital Holdings, Inc. announced through a regulatory filing this week that it has made some changes to its senior leadership by appointing John Douglas Rhoten as a Class II Director.

According to the document filed with the Securities and Exchange Commission (SEC) on Thursday, Rhoten was appointed to the new position on October 7.

He joins the company as part of INCAP Gaming’s voting right to add one director to GAIN, which was granted to the company as part of GAIN’s Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of City Index.

INCAP is an affiliate of IPGL. IPGL is the beneficial owner of 953,031 shares of the Company's common stock, and its affiliate, Fox & Trot Ltd. (FT), is the beneficial owner of 4,629,950 shares of GAIN Capital’s common stock.

According to the regulatory filing, FT also holds substantially all of GAIN’s Convertible Senior Notes due 2020, of which $60 million in principal amount were issued in connection with GAIN’s acquisition of City Index.

Samantha Roady leaves GAIN Capital

The appointment of Rhoten follows on from Samantha Roady stepping down from her position as the President of the online broker’s retail business unit. As Finance Magnates reported in August, she stepped down at the end of September.

Regulatory filings state that Roady left the company to “pursue other interests outside the leveraged trading industry.” Before her departure, Roady had spent the majority of her career with the Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term provider - more than two decades to be precise.

It was also revealed that GAIN Capital’s Chief Executive Officer (CEO) Glen Stevens would be assuming Roady’s role once she left the company. It is unclear as to whether Stevens will hold that position for the long run or if the New York-based broker will be looking for an external executive to replace Roady.