Gain Capital targets mid-tier investors with prime-brokerage offering

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The launch of GTX Direct this week, a foreign exchange prime-brokerage platform being rolled out by US-based online FX trading firm Gain Capital, will target the needs of a mid-tier set of investors between retail and institutional, according to the venture's chief operating officer.

"The prime service is targeting those middle-tier clients that are not labelled retail, as they fall into the definition of professional traders, according to the Commodity Futures Trading Commission and the

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