Leucadia National Corp. (NYSE:LUK), which extended a $300 million loan to FXCM Inc (NYSE:FXCM) in January 2015, following the “Black Thursday”…
Read MoreTag: Leucadia loan
Leucadia paints rosy picture of FXCM prospects
Investment holding group Leucadia National Corp (NYSE:LUK) has recently been quite vocal when it comes to FXCM Inc (NYSE:FXCM), to…
Read MoreLeucadia’s loan to FXCM: $144.7 million repaid, $192.7 million outstanding at year-end
Leucadia National Corp. (NYSE:LUK), which provided FXCM Inc (NYSE:FXCM) with a $300 million loan in January 2015, following the “Black Thursday”…
Read MoreFXCM finalizes sale of FXCM Securities to AS Expobank
US Forex broker FXCM Inc (NYSE:FXCM) today announced the completion of the sale of FXCM Securities Limited to AS Expobank….
Read MoreFXCM set to repay additional $33M to Leucadia after FXCM Asia deal completion
FXCM anticipates repaying $33 million outstanding under its agreement with Leucadia and will have repaid $115 million to date, leaving $195 million remaining.
Read MoreFXCM Asia is now officially powered by Rakuten Securities
FXCM Asia Limited says it will continue to service Hong Kong forex traders as “FXCM Asia powered by Rakuten Sec”.
Read MoreFXCM targets repayment of Leucadia loan by end of 2015
During the conference call on the results for Q1 2015, Drew Niv said Leucadia loan should be fully repaid by this year’s end.
Read MoreLeucadia claims $687 million in gains from its FXCM investment
Another big winner from the Leucadia-FXCM deal was investment bank Jefferies, booking a $21 million advisory fee.
Read MoreFXCM shares dip back below $2 as shareholders change over from institutional to retail
Are FXCM’s shares a potential bargain at below $2? Or are traders convinced there’s little upside, even if things go operationally well for FXCM?
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