Tag: Global Brokerage Inc (NASDAQ:GLBR)

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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FastMatch FX Tape
September 25, 2017 BY LeapRate Staff

FastMatch launches FX Tape real‐time post‐trade information

Forex ECN FastMatch has announced the launch of a new feature called FX Tape. According to FastMatch, FX Tape will improve post‐trade transparency in FX markets and allow market participants to monetize their trading data. FX Tape will also serve as a central reference point for Spot FX transacted prices, helping market participants evaluate best execution…

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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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August 21, 2017 BY Valentina Kirilova

FXCM Group clarifies its relationship to Global Brokerage Inc.

Retail forex broker FXCM Group and Leucadia National Corporation (NYSE:LUK) today responded to questions from FXCM’s customers regarding FXCM’s relationship to Global Brokerage, Inc. (NASDAQ:GLBR). Leucadia, a diversified holding company with a $8.5 billion market value, holds a 49.9% equity interest and up to a 65% economic interest in FXCM and is firmly committed to…

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forex industry news update
August 20, 2017 BY LeapRate Staff

FX Industry Week Review: Israel Binary Options law delay, Forex.com fundraising, and lots more…

While the online trading industry was taking somewhat of an end-of-summer breather with less press releases, deals, executive hires and the like, there was still plenty of Forex Industry News to report. How is internal party politics delaying Israel's new Binary Options ban legislation from being actually implemented? Why is Forex.com parent Gain Capital Holdings Inc…

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forex industry news update
August 13, 2017 BY LeapRate Staff

FX Industry Week Review: Plus500's $100M quarter, IronFX raises $100M, China broker's UK launch, FXCM's problems, and lots more…

Forex Industry News this past week at LeapRate seemed to revolve around a very large number: $100 million. IronFX announced a $100 million investment. Plus500 Ltd (LON:PLUS) reported its first-ever $100 million Revenue quarter. And there was lots more... Who is Leverate's new CEO? Which China FX broker is set for a large UK/Europe push after…

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