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Gain Capital Opens Beijing office

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Gain Capital, which is the parent company to forex.com,  has recently announced that it will be opening a representative office in Beijing China.  Outside of building the Gain brand and expanding business globally, Gain feels this move will also provide an opportunity to research and understand China’s financial regulations.

Upon receiving approval from the China Banking Regulatory Commission, Gain’s CEO Glenn Stevens said the following, ” We believe the Beijing representative office will assist us in building strong relationships in China’s growing financial community and help provide a strong foundation for our future strategic plans in that country.”

Gain’s expansion into the world’s second largest economy comes just weeks after solidifying a client acquisition deal with Deutsche Bank FX.  While Gain’s share price is down from its IPO last December, it seems the company is wasting no time in expanding its role as one of the most dominant forex brokerages in the world.

Gain Capital is traded on the New York Stock Exchange under symbol GCAP and currently has offices in New York, London, Tokyo, Hong Kong, Singapore, Seoul, and Sydney.

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