GAIN Capital Holdings will acquire Deutsche Bank’s retail foreign exchange trading business, dbFX. With the deal, dbFX clients will be able to enjoy the benefits of trading through GAIN’s FOREX.com. The deal also offers for the referral of retail forex clients from Deutsche Bank to GAIN Capital for a period of the two years. GAIN Capital will make certain payments to Deutsche based on contract volume generated by transferring customers.
Click here for the release from PR Newswire.