August 05, 2015 BY LeapRate Staff

FXCM sets September 21 vote at Special Shareholders Meeting to approve 1:10 reverse stock split

Retail forex broker FXCM Inc. (NYSE:FXCM) has announced a special meeting of shareholders to be held September 21, 2015. The sole purpose of the meeting is to approve the company's plan to effect a 1:10 reverse stock split - meaning shareholders would receive just one share post split for every 10 shares they now own. Only…

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