Forex Capital Markets (FXCM Inc.) has filed a form with the SEC today that reveals further details on the deal FXCM struck with GAIN Capital Holdings regarding its American client list.
According to the terms of the deal, GAIN Capital has agreed to pay $500 for each client who makes at least one trade in the space of 76 calendar days, within 153 days following the closing date of the Asset Purchase Agreement.
However, If a client executes a trade in the time period between the 77th day to the 153rd day, the price per FXCM client goes down to $250.
While the terms of the deal have been finalized, the agreement has yet to be approved by regulators.
