Exclusive: GAIN Capital promotes Samantha Roady to President of Retail division to oversee City Index and FOREX.com

Gain Capital Holdings Inc (NYSE:GCAP) has promoted Chief Commercial Officer Samantha Roady to President of the company’s retail FX division. In her new role, Ms. Roady will be responsible for the company’s $350 million retail business across all jurisdictions, including FOREX.com and City Index. Ms. Roady’s promotion from Executive Vice President and Chief Commercial Officer […]

GAIN Capital promotes Samantha Roady

Gain Capital Holdings Inc (NYSE:GCAP) has promoted Chief Commercial Officer Samantha Roady to President of the company’s retail FX division.

In her new role, Ms. Roady will be responsible for the company’s $350 million retail business across all jurisdictions, including FOREX.com and City Index.

Ms. Roady’s promotion from Executive Vice President and Chief Commercial Officer is valid from this month, representing her latest promotion from within the company since joining GAIN Capital in August 2006 as Chief Marketing Officer.

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Ms. Roady was promoted to Chief Commercial Officer in October 2013 after 7 years at GAIN Capital’s headquarters in Bedminster, New Jersey, before spending two years in the position of Chief Commercial Officer until her promotion to preside over the firm’s entire retail operations this week.

Whilst Ms. Roady has now reached a very senior executive position in the company, she continues to trade GAIN Capital stock. Last week, Ms. Roady sold a further 3,078 units of class A common stock at a price of $6.27 per unit, realizing $19.299.

Ms. Roady has conducted a number of transactions with regard to her shares over the last two years, a previous example being in June last year when she cashed out 2,500 shares at a price of $10 per share, resulting in a net gain of $25,000.

Just one week prior to that, on June 1, 2015, Ms. Roady sold $23,000 worth of shares at $9.20 per share just after having been awarded 21,030 shares by GAIN Capital, worth approximately $200,000, as well as having been awarded a vast number of shares in GAIN Capital in January 2015, at a value of $1.2 million.

At the time of the firm having awarded her those shares, Ms. Roady had sold $380,000 worth of stock.

During the course of 2015, Ms. Roady made several transactions involving the sale of shares in GAIN Capital, amounting to a total cash value of $351,000, and following her sale of 3,078 units of common stock last week, she still holds 240,795 units, at a current approximate value of $1.5 million.

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