NEWS RELEASE

GAIN Capital Group Named To Deloitte Technology Fast 50

Triple-Digit Revenue Growth Secures Rising Star Award for New Jersey-Based Online Currency Trading Firm

WARREN, NJ - August 18, 2004

GAIN Capital Group, Inc., a leading provider of foreign exchange trading and asset management services for institutional and self-directed investors, today announced the naming of GAIN as a Rising Star company to the Deloitte New Jersey Technology Fast 50 list for 2004. GAIN's increase in revenues of 536% percent from 2001 to 2003 resulted in a Rising Star recognition in the Fast 50 for New Jersey.

The Rising Star category represents a special award within the Fast 50 competition to recognize exceptional growth for technology companies that have been in business a minimum of three years and less than five years, and is based on percentage revenue growth over three years (2001 to 2003).

"We're honored to be recognized by Deloitte for our strong growth and achievements. GAIN's inclusion in Deloitte's Fast 50 Rising Star list validates our team's hard work over the past several years, and is a testament to our successful combination of proprietary technology, innovative business practices and strong leadership," said Mark Galant, founder and CEO of GAIN Capital Group, Inc.

"In today's economy, triple-digit percentage revenue growth is an exceptional accomplishment," said Paul Mlynarski, Tax Partner and Chair of the New Jersey Technology Fast 50. "We commend GAIN Capital for making the commitment to technology and delivering on the promise of market longevity," continued Mlynarski. "We are proud to honor GAIN Capital as a Deloitte Technology Fast 50 Rising Star winner."

About GAIN Capital Group

GAIN Capital Group is the premier independent provider of foreign exchange services including direct-access trading and asset management to institutions and self-directed investors. Founded in 1999 by Wall Street veterans, GAIN is now one of the largest, most respected firms in the industry, servicing clients from more than 110 countries around the globe. Monthly trade volume currently exceeds $40 billion per month.*

The company's flagship service, GAIN Capital (www.gaincapital.com) focuses on the needs of professional forex traders, money managers and experienced forex day traders. FOREX.com (www.forex.com) provides individual investors with little or no experience trading currencies the resources they need to learn and grow. The robust product offering includes a full service trading platform, lower account minimums and extensive educational content.

*Includes customer trades, rollovers, and counterparty transactions.

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.

Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms, including their affiliates, deliver services in four professional areas: audit, tax, financial advisory services and consulting. Our member firms serve more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies.

Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas listed above.