Gain Capital hires new chief for GTX
Gain Capital has appointed Joseph Wald, formerly head of Knight Capital's institutional electronic trading business, Knight Direct, as executive vice-president and head of institutional.
Wald will be responsible for leading GTX, Gain's institutional foreign exchange business that launched in 2010. Based in New York, he will report to Glenn Stevens, chief executive of Gain Capital.
"Joe is a talented visionary with the proven ability to grow trading volumes and build innovative product and
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