Tag: FXCM loan from Leucadia

FXCM GLBR terminate management agreement
October 03, 2017 BY LeapRate Staff

FXCM terminates Management Agreement with Global Brokerage Inc

Retail FX broker FXCM Group LLC has put out an interesting press release (see text below), stating that it has agreed to terminate its Management Agreement with parent company Global Brokerage Inc (NASDAQ:GLBR). FXCM and GLBR became effectively separated when Leucadia National Corp (NYSE:LUK) took a direct equity stake in FXCM last year, and the two appointed…

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March 23, 2016 BY LeapRate Staff

FXCM CEO Drew Niv speaks on the company's results, loan from Leucadia, and what lies ahead - LeapRate Exclusive Interview

LeapRate Exclusive Interview.... It would be an understatement to say that the past 14 months have been topsy turvy for the people who run FXCM Inc (NYSE:FXCM), one of the world's leading retail forex brokers. After narrowly avoiding bankruptcy in the Swiss Franc spike of January 15, 2015 which left FXCM with more than $275 million…

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