TradeKing to Acquire Assets of GAIN Capital Holdings’ Brokerage Subsidiary

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--TradeKing Group, Inc., an innovator in the online brokerage industry, announced today it has reached an agreement with GAIN Capital Securities Inc. to acquire the accounts as well as the rights to certain other assets of the Cleveland-based boutique brokerage, which is a subsidiary of GAIN Capital Holdings, Inc. (NYSE: GCAP). Exact financial terms of the all-cash acquisition were not disclosed.