Gain Q2 2012 interesting facts

As usual Gain Capital released a quarterly earnings presentation for Q2 2012, and as usual it has some interesting facts in it:

Retail trading revenue (quarterly basis) was up at $119.8, on annual basis it was $100.1

• Enhanced CFD offering
  • New platform; launching with 200+ CFD products
    • Indices, commodities, sectors & FX
  • Beta testing began
  • Full release on schedule for September 2012
• Forex .com Canada launch
  • Licensed to offer forex, CFDs and futures
  • One of a small group of regulated firms approved to offer these products
  • 5-7% of our current retail trading volume without direct marketing currently
• Continuing to invest in our higher-growth regions
  • Asia-Pacific (SE Asia & China) and Middle East
• Mobile volumes continue to ramp
  • Over 2x increase between Q2 2011 and Q2 2012
  • 18% of Q2 2012 active accounts traded via mobile
• Actively pursuing M&A opportunities

Open E Cry Acquisition

On June 28, 2012 Gain announced its acquisition of Open E Cry from optionsXpress, a subsidiary of the Charles Schwab Corp.

• Purchase price: $12mm
• Expected to close in Q3 2012

Company Overview

• Online retail provider of Exchange -traded futures
• FY 2011 revenue: $13.6mm
• Customers(1): 8,101
• Assets(1): $95.9mm

Transaction Rationale

• New commission revenue stream generated on a per trade basis
• Global expansion of OEC’s geographic footprint
• Cross-selling between futures and FX

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