Retail forex broker FXCM Group, LLC together with Jefferies Financial Services, Inc. a wholly-owned subsidiary of Jefferies Group LLC, has announced that the two companies have expanded their FX Prime
Jefferies is quickly becoming a preeminent service provider in the prime brokerage space and we’re very happy to be expanding our relationship with them. This is yet another way that our membership in the Leucadia family of companies helps FXCM improve the service we provide our clients”, said Brendan Callan CEO of FXCM Group.
We are thrilled to be a partner of choice for FXCM Group, a leader and pioneer in retail FX. Jefferies is committed to addressing the credit gap in FX prime brokerage and our efforts within the broker community is reflected in this win,” added Brandon Mulvihill, Global Head of FX Prime Brokerage at Jefferies.
Jefferies Group is a wholly-owned subsidiary of Leucadia National Corporation (NYSE: LUK), a diversified holding company. Leucadia holds a 50% voting interest and up to a 75% economic interest in FXCM Group.
FXCM Group pays Jefferies fees for use of its FX Prime Brokerage services.