Tag: Faros Trading

November 12, 2013 BY Gerald Segal

FXCM acquisition of Faros Trading – $15.6 million

$5 million cash paid up front, a further $10.6 million to be paid in 2015 in cash and/or FXCM stock. So what is top-end Forex research worth? A lot, it turns out. LeapRate has learned that FXCM's previously-announced acquisition of Faros Trading cost FXCM $15.6 million -- and that's just for 50.1% of Faros. FXCM (NYSE:FXCM)…

Read more