GAIN Capital Appoints Patrick McGonagle Representative Director and Country Manager in Japan

Maria Nikolova

Mr. McGonagle brings a decade of experience in the foreign exchange and contract for difference industry to GAIN.

GAIN Capital Holdings, Inc. (NYSE: GCAP) (“GAIN Capital”) (“the Company”) has announced the appointment of Patrick McGonagle as Representative Director and Country Manager, Japan. In his new role, Mr. McGonagle will oversee GAIN’s retail business in Japan and report to Alex Howard, Managing Director, Asia Pacific.

“We are excited to welcome Patrick to the GAIN team in APAC. He is a strategic leader with deep expertise in the Japanese market and a strong track record for driving sales, particularly within high-value customer bases. Japan is the largest market in which GAIN operates in the APAC region, and we look forward to his contributions as we strengthen our retail business in this key jurisdiction,” said Alex Howard.

Patrick McGonagle added, “I am thrilled for the opportunity to support GAIN’s expansion in APAC and help accelerate the growth of its retail business in Japan. There is a clear opportunity to capture additional market share and I look forward to working closely with Alex and the global team to enhance and expand the Company’s products and services, add new customers and grow the business.”

Mr. McGonagle brings a decade of experience in the foreign exchange (FX) and contract for difference (CFD) industry to GAIN, with deep expertise in the development and commercialization of various trading products and strategies. Patrick most recently served as CEO of IG Securities in Tokyo and prior to that, was the Head of Trading Services, APAC at IG Markets Ltd.

Read this next

Digital Assets

Binance executives sue Nigerian authorities over rights violation

Two senior executives from Binance have filed a lawsuit against against Nigeria’s national security adviser’s office and its anti-corruption agency, alleging violations of their fundamental rights.

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

<