Open E Cry SOLD again (to Gain Capital)

[MBAGearhead]

OptionsXpress bought OEC back in 2008 for $18 million.
Last year, Schwab bought OptionsXpress.
Now, OptionsXpress is selling OEC to Gain Capital for $12 million.
Is it worth 33% less now even though it's much bigger?
http://www.openecry.com/company/newsevents.cfm
http://forexmagnates.com/gain-capital-published-open-e-cry-purchase-price-12-million/

I'm all for capitalism but am worried this may not be good for customers like me since Schwab is huge with much deeper pockets. Does anyone have any reviews on Gain? I hope they are more than a Forex bucket shop...

 

[nkhoi]

now it's a good time to allocate your eggs in diff baskets.

 

[MBAGearhead]

Attached chart compiled from http://www.cftc.gov/marketreports/financialdataforfcms/index.htm

Overall, their growth has been very good.

 

[Pippi436]

12 million? Sounds like a steal.

 

[Andromeda]

Horrible news