Gain Capital's GTX partners with Indonesia ICDX to launch currency contracts

We've been hearing great things about Gain's GTX technology - the ECN volume on the Gain's institutional GTX platform is certainly growing. Now comes a very interesting deal in Asia where Gain partners with Indonesia's ICDX utilizing GTX's technology to help ICDX launch currency contracts. Gain basically becomes technology provider and market maker for ICDX's new currency contracts, if the ICDX will be able to emulate DGCX's success then Gain has certainly stroke here a landmark deal.

Bedminster, N.J. – November 26, 2012 – GAIN GTX LLC (“GTX”), the institutional division of GAIN Capital Holdings, Inc. (NYSE: GCAP), has signed an agreement with the Indonesia Commodity and Derivatives Exchange (ICDX), the leading futures exchange in Indonesia, under which GTX will provide trading technology and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term services for ICDX’s new currency contracts.

ICDX is the first Indonesian exchange to receive regulatory approval from Indonesia’s Commodity Futures Trading Regulatory Agency (COFTRA) to offer currency products.

“This partnership is unique in that allows ICDX to offer deep liquidity in these new currency products from day one, while also providing them with a secure and scalable platform that supports high trading volumes with ultra-low latency matching and post trade capabilities,” said Glenn Stevens, CEO of GAIN Capital. “In addition, existing users of our GTX platform will benefit significantly from their ability to access the unique liquidity that partnering with an established international exchange provides.”

Under the terms of the agreement, GTX will connect its current global network of institutional Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term to ICDX, and ICDX will utilize GTX’s ECN technology to provide its members, and their clients, a state of the art trading interface for price discovery, trade execution, sophisticated order management and algorithmic trading.

“ICDX is committed to creating a robust venue for exchange-traded currency products in Indonesia, and our partnership with GTX accelerates our time to market tremendously,” said Megain Widjaja, Chief Executive Officer at ICDX. “GTX offers a turn-key, highly flexible technical solution that provides us an efficient means to access liquidity and allows us to support the trading activity of Indonesian institutions and investors who wish to access this important asset class.”

ICDX is scheduled to launch with 27 currency contracts in the first quarter of 2013.

About GAIN GTX, LLC.

GAIN GTX, LLC is a wholly owned subsidiary of GAIN Capital Holdings, Inc. GTX offers highly innovative, next generation FX electronic communications network (ECN) technology for price discovery, manual/auto trade execution and post trade management. The GTX marketplace boasts a deep and diverse liquidity pool, including some of the largest banking institutions in the world, as well as high frequency traders, hedge funds, and high net worth individuals. For further information, visit www.gaingtx.com.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including Over the Counter (OTC) forex and contracts for difference (CFDs) as well as exchange-traded products, to a diverse client base of retail and institutional investors.

GAIN Capital operates FOREX.com, providing retail traders around the world with access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices. GAIN's other businesses include GTX, a fully independent FX ECN for hedge funds and institutions, OEC, an innovative online futures broker, GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

GAIN Capital and its affiliates have offices in New York City; Chicago; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; Beijing and Seoul.

For company information, visit www.gaincapital.com.