Tag: AS Expobank

walbrook capital markets fxcm
September 07, 2017 BY LeapRate Staff

Exclusive: Walbrook Capital (formerly FXCM Securities) posts £4 million loss as ITI Group takes over

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated CFDs broker Walbrook Capital Markets Limited posted a £4.0 million (USD $5.2 million) loss in 2016 amid plunging revenues. Walbrook was originally known as FXCM Securities, the UK CFD arm of Global Brokerage Inc (NASDAQ:GLBR) unit FXCM. FXCM sold the company in late 2015 to…

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December 03, 2015 BY LeapRate Staff

Expobank to rename FXCM Securities as Walbrook Capital Markets

Following our report yesterday that FXCM Inc (NYSE:FXCM) had closed the sale of its regulated UK CFD arm FXCM Securities to Latvia's AS Expobank - which had been exclusively reported on LeapRate back in July - LeapRate has learned that Expobank has plans for its new FCA regulated arm, including a name change to Walbrook Capital Markets.…

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December 02, 2015 BY Maria Nikolova

FXCM finalizes sale of FXCM Securities to AS Expobank

US Forex broker FXCM Inc (NYSE:FXCM) today announced the completion of the sale of FXCM Securities Limited to AS Expobank. The report comes several months after LeapRate exclusively reported of FXCM's plans to sell this business to Expobank. FXCM Securities was FXCM's brokerage specializing in exchange traded equities, futures, and options, which was acquired in 2010,…

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July 29, 2015 BY LeapRate Staff

FXCM Stock Trading set to be sold to AS Expobank - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned from industry sources that FXCM's next asset sale will be that of its regulated UK CFD arm FXCM Stock Trading. Apparently FXCM is in advanced negotiations to sell FXCM Stock Trading to AS Expobank. Controlled by Russian multimillionaire Igor Kim, Expobank is one of the oldest banks in Latvia, with a branch…

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