FXCM’s share price soared on Friday by 11% following the release of information (as reported in Business Insider) that several large and influential hedge fund investors had accumulated significant positions in FXCM stock. The largest reported position was an approximate one million share holding in FXCM by Ken Griffin’s Citadel Investment Group, among the largest…

FXCM and Gain Capital (Forex.com) each announced their Q1 results yesterday. Wall Street was clearly unimpressed with both firms, as the shares of both traded down sharply – FXCM by 17%(!!!) and Gain by 6%. (FXCM is now down 29% from its December IPO price, Gain is off 30% – for more details on publicly…

Initial volume numbers which we have seen so far for early-reporting Forex firms such as Swissquote Bank, FXCM and IG Group (each members of LeapRate’s Approved List of online Forex firms) seem to point to a nice increase in Forex trading volumes during Q1-2011, following a somewhat lackluster second half of 2010 – see summary…

LeapRate is pleased to announce the addition of the two leading Swiss-based online Forex trading firms, MIG BANK (www.migbank.com) and Swissquote Bank (www.swissquote.ch), to our Approved List of online Forex firms. Both MIG BANK and Swissquote are fully licensed Swiss banks, regulated by the Swiss Financial Market Supervisory Authority (FINMA).“With Switzerland continuing to grow as…

In the aftermath of FXCM’s and Gain Capital’s successful IPOs last December, a number of other Forex firms (and their shareholders) have begun to look more closely at going public as well. While we understand that a number of other firms would like to go public soon – and are looking at stock markets including…