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GAIN Capital Group Named to 'Top Ten' on 2005 Deloitte Technology Fast 500
Online Currency Trading Firm Places Among The Fastest Growing Firms in North America With Over 23,000 Percent Revenue Growth
Bedminster, New Jersey - October 19, 2005 - GAIN Capital Group, Inc. a leading provider of foreign exchange trading and asset management services for institutional and individual investors, today announced its ninth place ranking on the 2005 Deloitte Technology Fast 500. The program ranks the 500 fastest growing technology companies in North America based on percentage revenue growth over four years, from 2000-2004. GAIN Capital grew 23,318% percent during this period.
"It's an honor to be on the Deloitte Fast 500 list and rank among North America's top technology companies, after just five years in operation," commented Mark Galant, CEO of GAIN Capital Group. Mr. Galant credits GAIN's talented, hard working employees and the firm's early focus on developing innovative trading technology for its customer base of institutional and individual forex traders. "We use technology as a competitive advantage and stay focused on the needs of our customers," commented Mr. Galant. "This strategy has enabled us to achieve our goals to date and positions us well for the future."
"Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "GAIN Capital has shown the right stuff for growth."
Overall, companies that ranked on the 2005 Deloitte Technology Fast 500 had growth rates ranging from 240 to 73,752 percent over four years, with an average growth rate of 2,408 percent.
In August 2005, GAIN Capital Group was named the #1 fastest growing technology company in New Jersey by the Deloitte Technology Fast 50 program.
Fast 500 Selection and Qualifications:
The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD. Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant portion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
ABOUT GAIN CAPITAL GROUP
GAIN Capital Group is a leading non-bank provider of foreign exchange services, including direct-access trading and asset management. Founded in 1999 by Wall Street veterans, GAIN is one of the largest, most respected firms in the industry, servicing clients from more than 110 countries around the globe. Monthly trade volume currently exceeds $70 billion per month.
The company's flagship service, GAIN Capital (www.gaincapital.com) focuses on the needs of professional Forex traders, money managers and experienced Forex day traders. FOREX.com (www.forex.com) services individual investors of all experience levels with a full-service trading platform, lower account minimums and extensive education and training.
GAIN Capital Group is a registered Futures Commission Merchant (FCM) and a member of the National Futures Association.
ABOUT DELOITTE
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
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