Monday, May 18, 2009




Sunday, May 17, 2009




Investors

3i Group
3i is a world leader in private equity and venture capital. Today, 3i operates in 14 countries across US, Europe, and Asia, managing over $15 billion. In the past five years alone, 3i has backed more than 40 companies that have gone public on the world's leading exchanges and has executed over 450 M&A transactions.

VantagePoint Venture Partners
With over $4.5 billion under management, VantagePoint specializes in active multi-stage investing in technology and healthcare; their focus is on fast-growing companies at all stages of development.

Tudor Ventures
Tudor Ventures is the venture capital and private equity arm of Tudor Investment Corp., an internationally recognized, diversified investment management firm with total assets under management in excess of $17 billion. Since the early 1990's, Tudor and its principals have invested in over 75 companies, with a strong record of investment success, and currently manage over $700 million in private equity investments.

Edison Venture Fund
With a capital pool that exceeds $550 million in six independent limited partnerships, Edison invests in expansion stage information technology companies located in the New York City to Virginia corridor. Edison has invested in over 100 IT companies, achieving 16 IPOs and over 75 company sales. Edison Venture Fund was founded in 1986 by John Martinson. The firm's name honors Thomas Alva Edison, the world's greatest inventor, a creative marketeer and a successful entrepreneur.

Cross Atlantic Capital Partners
With 7 funds under management, totaling nearly $500 million, Cross Atlantic invests in technology companies in the United States, UK, and Ireland. Founded in 1986, Cross Atlantic Capital Partners' portfolio includes a diverse array of companies which focus on information technology, enterprise software, telecommunications, and other enabling technologies.

Board of Directors

GAIN's Board of Directors brings a wide range of experience and knowledge to the Company. It is the paramount duty of the Board of Directors to oversee the CEO and other senior management in the competent and ethical operation of the Company on a day-to-day basis, to monitor GAIN's financial performance and to evaluate overall corporate strategy. To satisfy this duty, the directors take a proactive, focused approach to their position, and set standards to ensure that the Company is committed to business success through maintenance of the highest standards of responsibility and ethics.

Mark Galant - Chairman and Founder
The founder of GAIN Capital Group, Mark Galant served as chief executive officer of the Company from its inception in October, 1999 until June, 2007. Mr. Galant's strategic vision and entrepreneurial energy propelled the firm from concept to a market leader in the rapidly growing and highly competitive online forex industry. Under his leadership, the firm achieved top line growth of 65% or more for six consecutive years (2001-2006).

Prior to forming GAIN Capital, Mr. Galant was the number two executive at FNX Limited, an international provider of trading and risk management systems. During his six year tenure, Mr. Galant was instrumental in transforming FNX into a world-class software and services firm and, according to Inc. Magazine, one of the 500 fastest-growing companies in the U.S. in 1996, 1997 and 1998. Before joining FNX in 1994, Mr. Galant served as global head of foreign exchange options trading at Credit Suisse. There, he expanded a small regional operation into one of the world's largest and most respected global foreign exchange options trading organizations, trading $4 billion per day. Prior to Credit Suisse, he ran the foreign exchange options desk at Chemical Bank. He also traded all financial products as a money manager for Paul Tudor Jones at Tudor Investment Corporation. During his early years on Wall Street, Mr. Galant was a floor trader, successfully trading his own account on several of New York's commodities exchanges. He holds a BS in Finance from the University of Virginia and an MBA from Harvard Business School. Mr. Galant currently serves on the board of directors of Scivantage and is a member of the University of Virginia's McIntire School of Commerce Advisory Board.

Glenn Stevens - Chief Executive Officer
Glenn Stevens joined GAIN Capital Group in February 2000 as a founding partner and managing director, and assumed the CEO role in June, 2007. Previously, he was managing director, head of North American sales and trading at Natwest Bank. In this role, Mr. Stevens directly managed a staff of over 50 trading and sales professionals and also served as a senior member of Natwest's North American Management Committee. From 1990 to 1997, Mr. Stevens was at Merrill Lynch and Co., hired as a USD/JPY trader and eventually promoted to the bank's management team as managing director and chief dealer for Spot and Forward FX. While at Merrill Lynch, he developed the investment bank's emerging markets currency trading desk and increased profitability threefold in 2 years. During this time, he also served as the Federal Reserve Bank's FX representative for investment banks. Mr. Steven's Wall Street career began in 1984 at Bankers Trust Company. Mr. Stevens holds a BS in Finance from Bucknell University and an MBA in Finance from Columbia University.

Peter Quick, Former President, American Stock Exchange
Peter Quick is the former President of the American Stock Exchange® (2000-2005) and formerly served on its Board of Governors. Prior to his appointment at the American Stock Exchange®, Mr. Quick had been President and Chief Executive Officer of Quick & Reilly, Inc., a leading national discount brokerage firm, which was acquired by Fleet Bank (now Bank of America) for $1.6 Billion in 1998. Mr. Quick is currently the lead Independent Director of Reckson Associates Realty Corp. (NYSE: RA) and also sits on the Board of Medicure (AMEX: MCU). Mr. Quick has served on the Board of Governors of the Chicago Stock Exchange and was Chairman of the Midwest Securities Trust Company. He has also been a Director of The Options Clearing Corporation, CUSIP, the Depository Trust & Clearing Corporation, the NASD Insurance Agency, and Alliance Money Market Fund. Mr. Quick received a Bachelor of Science degree in Civil Engineering from the University of Virginia and attended Stanford University's graduate school of Petroleum Engineering.

Joseph A. Schenk, former Chief Financial Officer, Jefferies Group
Mr. Schenk served as chief financial officer and executive vice president at Jefferies Group (NYSE: JEF), a full-service investment bank and institutional securities firm focused on capital markets and asset management, from January 2000 to December 2007. Mr. Schenk's responsibilities at Jefferies included oversight for finance, accounting, risk, treasury, internal audit, investor relations, tax and accounting policy matters. Prior to his appointment as CFO, Mr. Schenk held various positions within Jefferies, including senior vice president, responsible for corporate services, from September 1997 to January 2000, and senior institutional account executive from September 1993 through March 1996. Prior to Jefferies, Mr. Schenk served as a senior vice president at Zimbalist Smith, a boutique investment research firm. Mr. Schenk had previously held management positions at Deloitte Haskins & Sells and Price Waterhouse. Mr. Schenk currently serves on the boards of ConvergEx Holdings and Talk.com. Mr. Schenk received a Bachelor of Science degree in Accounting from the University of Detroit, where he graduated summa cum laude.

Susanne D. Lyons, former Chief Marketing Officer, Visa USA
A retail financial services industry veteran, Susanne Lyons most recently served as executive vice president and chief marketing officer at Visa USA. While at Charles Schwab & Co. from 1992-2001, Ms. Lyons held a variety of senior marketing and general management roles, culminating in the position of chief marketing officer. At Fidelity Investments from 1982-1992, Ms. Lyons was responsible for marketing multiple business lines including brokerage, domestic and international growth funds and retirement products. She has been recognized for her business leadership in several significant forums, including San Francisco Financial Woman's Association "Woman of the Year" in 1999 and as one of Ad Age's Top 50 Marketers. Ms. Lyons served on the board of CNET Networks, Inc. (Nasdaq:CNET), a global interactive media company, until its recent acquisition by CBS, and is also on the advisory boards of Marketo and Epoch, as well as the board of WildCare, a not for profit organization. She received a Bachelor of Arts degree from Vassar College and a Master's degree in Business Administration from Boston University.

Roger Tarika, Former Global Head of Foreign Exchange Sales, Morgan Stanley
A 25-year veteran of the FX markets, Roger Tarika's career began in 1979 with First National Bank of Boston. In 1984, Mr. Tarika joined Morgan Stanley & Co where he began his 17 year tenure running various spot FX trading desks. In 1992, Mr. Tarika was appointed head of trading for the New York spot/forward desk and in 1995 was appointed to run the FX desk in London, managing 50 sales and trading professionals. His most recent position at Morgan Stanley was Managing Director, Global FX Sales Manager. Mr. Tarika received a BS from Duke University and an MBA from Harvard Business School.

Gerry McCrory, Managing Director, Cross Atlantic Capital Partners
Gerry McCrory is a founder and managing director of Cross Atlantic. In 1998, Mr. McCrory founded Crucible Corporation, an early stage venture capital fund headquartered in Dublin, Ireland. Prior to starting Crucible, Mr. McCrory was the managing director of Cambridge Technology Partners (Ireland). Prior to that, he started his own software services company, Information Mosaic, and held various senior commercial responsibilities at Cap Gemini-Hoskyns in Ireland, Great Britain, and the United States. He also worked as an accountant with Coopers & Lybrand in both Ireland and the Cayman Islands. Mr. McCrory holds a degree in Economics from the University of Ulster and an MBA from University College Dublin.

Chris Sugden, General Partner, Edison Venture Fund
Chris Sugden is a successful entrepreneur and technology company executive, experienced in finance, capital raising, strategy, product management and sales and marketing. Prior to joining Edison, Mr. Sugden served as Princeton eCom's EVP of the Electronic Billing Division. As CFO he led the business development, finance and accounting departments. Earlier in his career, he was Director of Finance and Operations for two magazine start-ups and Internet businesses funded by Freedom Communications. A certified public accountant, Mr. Sugden also spent over four years with PricewaterhouseCoopers in the entrepreneurial services group. Mr. Sugden received a BA in Accounting and Finance from Michigan State University.

Jim Mills, Managing Director, VantagePoint Venture Partners
Jim Mills is a member of the Information Technology Group at VantagePoint Venture Partners, focusing specifically on software and financial technology companies. Mr. Mills has 18 years of technology, operating, and investment experience, including management positions with both start-up and industry-leading technology companies, including Webvan Group, Oracle Corporation, and Crescendo Communications (acquired by Cisco). Mr. Mills began his investment career with Battery Ventures followed by Blum Capital Partners. He graduated magna cum laude and Phi Beta Kappa from Dartmouth College (BA in Engineering Sciences) and is also a graduate of Stanford University (MBA).

Whitney A. Bower, Partner, 3i Group
Whitney Bower is a founding partner of 3i US Growth Capital. As part of the FTSE 100, 3i is the world's largest growth capital fund investing over $4bn every year in established businesses across Europe, Asia and the US. Prior to joining 3i, Mr. Bower held senior positions with Bain Capital and Geocapital Partners. Over his investing career, Mr. Bower has served as Chairman and Lead Director for a number of public American and European companies. In addition to his extensive private equity experience, Mr. Bower has held a variety of operating positions, including Director of Marketing with Open Market, a successful startup software company, and Manager of Strategy and Business Development with The Times Mirror Company, a Fortune 500 company. Mr. Bower received his A.B. in Economics with honors from Harvard College and his M.B.A. with honors from Harvard Business School.

Trading Team

GAIN's market making desk is staffed 24-hours a day during trading hours with experienced former bank traders who are comfortable managing a high volume forex trading operation. Three shifts cover each major trading session - Tokyo, London and NY - and each shift is managed by one or more senior dealers with, on average, 15-20 years of FX market making experience at top tier Wall Street firms.

Without a doubt, GAIN's success to date is in no small part due to the talent of our trading team. The desk's mandate is to make tight, aggressive markets and ensure quality execution for our customers. They are also charged with managing GAIN's risk and exposure as a market maker in the highly competitive and price sensitive Forex market.

Clients with over $25,000 in account equity have the added benefit of direct access to GAIN's traders for market color and consultation. These same people are frequently asked to provide market commentary to such prestigious news organizations as Dow Jones, Wall Street Journal, Reuters, Associated Press, Bloomberg, CBS Marketwatch.

Timothy O'Sullivan, Chief Dealer
Tim manages the day to day operation of GAIN's trading desk. With GAIN since its founding, Tim has 20 years of experience trading spot & forward FX in the Interbank market. Previously, Tim was director of the NY Sterling desk at Merrill Lynch. Hired in 1994 to establish a presence in Asian Exotic spot & forward currencies, Tim subsequently assumed responsibility for the EMS currencies desk. In 1997, he launched the Mexican Peso desk and provided liquidity to develop customer business. Tim started his career at Standard Chartered Bank, spanning an eight-year tenure that included running forward books in DEM, and trading spot Far East and exotic currencies.

Stephen Reilly, Senior Trader
Stephen's 20+ years of forex trading experience includes stints at several top brokerage houses. Prior to joining GAIN in 2000, Stephen managed the 14-person Euro desk at Tullett & Tokyo, the world's largest FX broker at that time. Before that, Stephen spent 10 years at Noonan Astley & Pearce as vice president of foreign exchange. Previously, Stephen traded at Harlow Meyer Savage, and started his FX career in 1982 at Lasser Marshall, leaving four years later at vice president of foreign exchange.

David Leaver, Senior Trader
Dave joined GAIN in 2001 from BankBoston, where he was the bank's primary EUR/USD dealer, handling both proprietary and customer business. Prior to that, he traded the majors and Euro crosses on the New York FX desk at Credit Commercial de France (CCF), which averaged $1B in daily turnover. Before that, he was at Fuji Bank in New York, trading on the USD/DEM desk. Dave started his FX career in 1991 at Exco Noonan, as a broker on the USD/DEM desk.

Brian Dolan, Chief Currency Strategist
Brian is an 18 year veteran of the currency market, having worked as a senior trader and analyst at some of the world's leading international banks, including Dai-Ichi Kangyo, Credit Suisse and American Express. In addition to overseeing fundamental and technical research at GAIN, Brian publishes a daily technical analysis report and weekly macro research report for the exclusive use of GAIN Capital clients. Frequently sought after by the financial press for his insights into currency movements, Brian is a frequent guest on CNBC and Bloomberg TV. Brian has also published numerous articles on short-term trading strategies and risk management in journals such as Futures, Technical Analysis of Stocks & Commodities, and SFO. In the fall of 2007, Brian co-authored Currency Trading for Dummies, a sophisticated, educational resource for traders new to the Forex markets. Brian is a graduate of Dartmouth College.