Jeffrey Scott Joins GAIN Capital as Chief Commercial Officer

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Feb 28, 2011, 08:30 ET

NEW YORK, Feb. 28, 2011 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, has appointed Jeffrey Scott as chief commercial officer, effective immediately.

In the newly created role, Mr. Scott will oversee the day-to-day execution of GAIN Capital's strategy and have direct responsibility for the firm's business operations. He will also serve as a member of the firm's executive management team, reporting to Glenn Stevens, GAIN's chief executive officer.

"We continually look at ways to strengthen our senior leadership team," said Mr. Stevens. "Jeff brings to GAIN Capital senior executive experience, deep financial services knowledge and a proven ability to leverage technology to deliver innovative products and services. I am confident he will help drive the successful execution of GAIN Capital's strategic growth objectives, maximizing the value we create for our customers, our partners and our shareholders."

Mr. Scott joins GAIN Capital from Toluna, where he was president of Toluna USA. Previously, he held leadership positions at several digital media businesses. Prior to that, from 1999 until 2005, Mr. Scott served in a number of capacities at Thomson Financial, now ThomsonReuters, including chief technology officer and chief product officer. Mr. Scott received his MBA from the University of Maryland and his B.S. in computer science from the University of Dayton in Ohio.

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 foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.

A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN's other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

With offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo and Seoul, GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA) and the Securities and Exchange Commission (SEC) in the United States, the Financial Services Authority (FSA) in the United Kingdom, the Financial Services Agency (FSA) in Japan, the Securities and Futures Commission (SFC) in Hong Kong, and the Australian Securities and Investments Commission (ASIC) in Australia.