Gain Capital-INTL FCStone Merger Gets Shareholders’ Nod

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For these reasons, a thorough understanding of capital gains taxes can make a big difference for an investor. It is incurred when there is a decrease in the capital asset value compared to an asset’s purchase price. GAIN Capital Group LLC, a subsidiary of StoneX Group, Inc., is an American company. Over the last year, we can see that the biggest insider purchase was by Chairman of the Board Joseph Schenk for US$73k worth of shares, at about US$7.32 per share. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being US$4.36).

  1. Part of StoneX Group, Inc., GAIN Capital Australia Pty Ltd. (doing business as Australia) is a company headquartered in Sydney, Australia.
  2. Remember, short-term gains occur on assets held for one year or less.
  3. Realized capital gains occur when an asset is sold, which triggers a taxable event.

For exchange delays and terms of use, please read disclaimer (will open in new tab). GAIN Capital was founded in 1999 in Bedminster, New Jersey, and was one of the early developers of online forex trading. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Share class

Capital gains are realized when you sell an asset by subtracting the original purchase price from the sale price. The Internal Revenue Service (IRS) taxes individuals on capital gains in certain circumstances. Certain types of stock or collectibles may be taxed at a higher 28% capital gains rate, and real estate gains can go as high as 25%. Moreover, if the capital gains put your income over the threshold for the 15% capital gains rate, the excess will be taxed at the higher 20% rate. In addition, certain types of capital losses are not deductible.

It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Both short- and long-term gains must be claimed on your annual tax return. Understanding this distinction and factoring it into investment strategy is particularly important for day traders and others who take advantage of the greater ease of trading in the market online. The term capital gain refers to the increase in the value of a capital asset when it is sold.

The Barchart Technical Opinion rating is a 48% Buy with a Weakest short term outlook on maintaining the current direction. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Per the terms of the all-cash deal, Gain Capital’s shareholders will receive $6 per share for every share of Gain Capital.

It specializes in over-the-counter (OTC) and exchange-traded markets. The company offers execution and risk management services for exchange-traded futures and futures options on the United States and European futures and options exchanges; and online trading services. Trading was provided via one of two electronic trading platforms, its own proprietary FOREXTrader PRO later renamed as StoneX Pro and MetaTrader 4. GAIN Capital allowed retail and institutional clients to speculate on global foreign exchange markets in what is known as ‘margin forex trading’. Mutual funds that accumulate realized capital gains must distribute the gains to shareholders and often do so right before the end of the calendar year.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at editorial- This article by Simply Wall St is general in nature.

GAIN Capital Holdings Inc (GCAP_old)

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.

Barchart Technical Opinion

Insiders do have a stake in GAIN Capital Holdings and their transactions don’t cause us concern. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for GAIN Capital Holdings. You can reduce capital gains tax on your home by living in it for more than two years and keeping the receipts for any home improvements you make. The cost of these improvements can be added to the cost basis of your house and reduce the overall gain that will be taxed. Not all investments are eligible for the lower capital gains rates.

GAIN Capital (GCAP) Stock Price, News & Analysis

For example, a price above its moving average is generally considered an upward trend or a buy. The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.

Put simply, a capital gain occurs when you sell an asset for more than what you originally paid for it. In connection with the proposed transaction, GAIN will file pivot point trading strategies a proxy statement on Schedule 14A with the SEC. Additionally, GAIN plans to file other relevant materials with the SEC in connection with the proposed transaction.

Sean Michael O’Connor is the CEO, in this role since 2002. The coronavirus pandemic has put a break on merger deals in the year so far. Per a recent report by S&P Global Market Intelligence, only deals worth $6.5 billion were announced till May compared with the $36.4 billion announced during the same period last year. Some of the notable merger deals announced by U.S. banks include South State Corporation’s SSB merger with CenterState Bank Corp and FB Financial Corporation’s FBK merger with Franklin Financial Network in January, as well as and Pacific Premier Bancorp’s PPBI merger with Opus Bank in February. As of Apr 23, 2020 (the record date for participation in the special meeting), 83.2% of Gain Capital’s shareholders attended the meeting either by person or by proxy, with 71.2% voting in favor of the proposal.

Thus, this represents an equity value of about $236 million. Post completion, Gain Capital will become a wholly-owned subsidiary of INTL FCStone. GAIN Capital Holdings is not the only stock insiders are buying.

A net capital gain may be subject to a lower tax rate than the ordinary income tax rate. Tax-efficient investing can lessen the impact of these taxes. Remember, short-term gains occur on assets held for one year or less. As such, these gains are taxed as ordinary income based on the individual’s tax filing status and adjusted gross income (AGI). Capital gains are the profits that are realized by selling an investment, such as stocks, bonds, or real estate. Capital gains taxes are lower than ordinary income taxes, providing an advantage to investors over wage workers.

Individuals whose incomes are above these thresholds and are in a higher tax bracket are taxed 20% on long-term capital gains. High-net-worth investors may have to pay the additional net investment income tax, on top of the 20% they already pay for capital gains. GAIN is a provider of innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities and global equities. Shareholders receive the fund’s capital gains distribution and get a 1099-DIV form outlining the amount of the gain and the type—short- or long-term. When a mutual fund makes a capital gain or dividend distribution, the net asset value (NAV) drops by the amount of the distribution.

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