LeapRate Exclusive… LeapRate has learned that the May acquisition by FXCM (NYSE:FXCM) of FXDD’s US client assets was done for…
Read MoreTag: FXCM acquisitions
FXCM formal statement on acquisition of FXDD’s US client base
FXCM has released a formal statement on its purchase of FXDD’s US client base, which apparently included $27 million of client funds spread over 7,000 active trader accounts. The statement follows:
Read MoreFXCM Completes Transaction Surrounding HFT Firm Infinium Capital Ahead Of Note Maturity
FXCM concludes transaction relating to ailing HFT firm Infinium Capital five months after acquiring $12 million note from investors, and…
Read MoreFXCM extends debt facility to $250 million as it pursues acquisitions
FXCM already has a strong balance sheet with over $400 million in cash. Leading forex broker FXCM (NYSE:FXCM) announced today…
Read MoreFXCM 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….
Read MoreFXCM-Infinium $12M deal – not a direct investment
Clarification to yesterday’s story on FXCM’s investment in commodities market maker Infinium Capital. Small clarification to yesterday’s announcement by FXCM…
Read MoreFXCM strengthens institutional offering by acquiring research shop Faros Trading
Faros clients are mainly hedge funds, institutional money managers, corporations, and family offices. Just a few days after acquiring Alpari US’s…
Read MoreFXCM confirms M&A talks with high speed trading firm Infinium
However FXCM did not say whether or not any sort of investment in or acquisition of Infinium was imminent. After…
Read MoreFXCM increases money raised in notes offering to $172.5 million
FXCM positions itself strongly to pursue acquisitions, raising nearly $50M more than planned following strong demand for its notes. Leading…
Read MoreWhy exactly is FXCM raising $125 million?
FXCM has $275 million in cash, and just over $100 million in debt. So why is it borrowing more money?…
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