FINANCIAL STRENGTH & SECURITY
FuturesOnline's parent company, GAIN Capital Holdings, Inc. (NYSE:GCAP), is a global provider of online trading services.
As a global, publicly traded company, GAIN must meet the highest standards of corporate governance, financial reporting and disclosure.
Our financial transparency provides our customers and partners with confidence that the company is well managed and well capitalized, with ample resources to continue to innovate and lead the industry forward.
Key financial data as of Q3 2019:
- Total assets: $1.288 billion
- Total customer equity: $849.8 million
- Available liquidity*: $193.2 million
- Minimum Regulatory Capital Requirement: $104.0 million
* The repayment of our Convertible Senior Note due 2022 is excluded given the long-dated maturity of this convertible note.
SAFETY OF CUSTOMER DEPOSITS
The safety of customer funds is very important to FuturesOnline*. All futures customer deposits are kept in segregated bank accounts that are managed by Gain Capital Group, LLC. Every bank they use holds an investment-grade rating and is monitored as per the guidelines set by the Risk Committee of GAIN's Board of Directors.
Customer segregation protection is a core principal of successful FCMs, like Gain, and it is a principle that Gain Capital takes very seriously. As a business practice and regulatory requirement, Gain Capital holds an excess amount of its own money in the segregated accounts.
As required by futures regulations, FuturesOnline customer funds are subject to real-time electronic confirmation. Gain Capital performs a detailed reconciliation of customer equity on a daily basis to ensure the customer funds are properly segregated and the computation is submitted to regulators each day.
* Each customer's funds are not held in an individual segregated account by an FCM, but rather are commingled in one or more accounts. FCMs may invest funds deposited by customers in investments listed in CFTC Regulation 1.25. Funds deposited by customers may be deposited with affiliated entities of the FCM, including affiliated banks and brokers.