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GAIN Capital Deploys Eventus Systems’ Cloud Offering for Market Surveillance in Futures Business

GAIN Capital Deploys Eventus Systems’ Cloud Offering for Market Surveillance in Futures Business

Validus Platform Now Integrated with CQG


AUSTIN, Texas, Oct. 8, 2018 – Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, announced today that GAIN Capital Holdings, Inc. (NYSE: GCAP), a leading global provider of online trading services, has gone live as a client. GAIN has deployed Eventus’ cloud-based version of the Validus platform to manage the market surveillance program for its futures operation.

GAIN’s businesses include global contracts for difference (CFD) and foreign exchange (FX) brands FOREX.com and City Index; and its futures group, which provides access to listed derivatives trading on over 30 global exchanges. GAIN operates as a non-clearing futures commission merchant (FCM), which connects to exchanges and its clearing firm through CQG, Inc., a leading global provider of high-performance trading, market data and technical analysis tools.  As a CQG FCM partner, GAIN offers CQG’s suite of trading tools to its customers, administered through CQG’s Customer Account Service Tool (CAST), for control over account set-ups, risk settings and other matters.

Heather Krakora-Grimm, GAIN Capital Director of Compliance, said: “As we were exploring alternatives for a market surveillance system we really wanted to get up and running, Eventus was highly recommended by another FCM, and we continued to hear great things about the people and the platform so we wanted to see it in action. As a non-clearing FCM with largely retail clients, our needs were unique; everything we do flows through CQG. Eventus was able to work with us and CQG to address our unique requirements. We’re now active on the platform, which is easy to use, and Eventus’ training and responsiveness have exceeded our expectations.”

The FCM’s Compliance and Risk departments and Trade Desk are all relying on Validus for the firm’s trade surveillance efforts, using FIX drop-copy to actively monitor orders on CQG. GAIN staff receive custom alerts and can use the platform to take swift action in the event of any unusual or disruptive trading activity. Krakora-Grimm said that Eventus’ cost-effective cloud offering was the right fit for the firm.

CQG Chief of Staff Alli Brennan said: “CQG’s mission is to provide best-in-class technology solutions to our customers, and we’re pleased to add Eventus’ market surveillance tools to our suite of add-ons. Eventus allows our FCM partners, like GAIN, to increase their risk management and surveillance capabilities on CQG.”

Eventus CEO Travis Schwab said: “It’s a pleasure to welcome GAIN Capital as a client, and we’ve thoroughly enjoyed working with Heather and her team. We look forward to building on that relationship in the coming years. All of our clients have different needs. What distinguishes us is not only our intuitive technology and focus on generating actionable alerts across asset classes, but a willingness to spend time and resources ensuring that our platform meets the needs of each and every client. Our work with more than 10 FCM clients gives us a particular insight into the specific, diverse needs of these organizations. We’re also delighted to be integrated with CQG, which has a tremendous presence in the industry.”

Available as an on-premise or cloud solution, Validus provides comprehensive market surveillance and trading risk management for firms and marketplaces in global equities, equity options, futures, fixed income, foreign exchange and cryptocurrencies.  Features include sophisticated alerting and visualization; a suite of tools for advanced reporting; delivery of reconciled, multi-party counterparty data; monitoring of key trading functions; and the ability to scale the platform across asset classes and connect into existing systems to meet client needs.


About Eventus Systems

Eventus Systems, Inc. is a software firm solving pressing regulatory technology (regtech) challenges for capital markets organizations, including Tier 1 banks, brokerages and FCMs, proprietary trading firms, exchanges, corporates and buy-side firms. The firm’s flagship Validus surveillance and risk software platform – available as a cloud-based or real-time enterprise on-premise solution – provides sophisticated, efficient risk management and surveillance across equities, equity options, futures and cryptocurrencies. Validus offers a high-performance, scalable platform that was built and battle-tested in the toughest market conditions. Headquartered in Austin and serving clients globally, Eventus is led by a veteran management team with extensive experience in capital markets, derivatives, compliance, software development and high-performance data management. Visit www.eventus.com.

About GAIN

GAIN Capital Holdings, Inc. provides innovative trading technology and execution services to retail and institutional investors worldwide, with multiple access points to OTC markets and global exchanges across a wide range of asset classes, including foreign exchange, commodities and global equities.  GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions.  For further company information, visit www.gaincapital.com.

About CQG

 CQG provides the industry’s highest performing solutions for trading, global market data, and advanced technical analysis. The firm partners with the vast majority of futures brokerage and clearing firms and provides Direct Market Access (DMA) to more than 45 exchanges through its global network of co-located Hosted Exchange Gateways. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease of use. Its market data feed consolidates more than 75 sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities, as well as data on debt securities, industry reports, and financial indices. CQG has received the Prop Traders’ ISV of the Year award from FOW (now Global Investor Group), the Best Technical Analysis Platform award from The Technical Analyst, and the Best Product for Traders award from Finance Magnates for its multi-asset trading platform.  CQG is headquartered in Denver, Colorado, with sales and support offices worldwide.



Ellen G. Resnick

Crystal Clear Communications

+773-929-9292; +312-399-9295 (mobile)