Tag: Leucadia National Corp (NYSE:LUK)

May 09, 2018 BY LeapRate Staff

FXCM FX trading volumes slump 12% in April to $184 billion

Retail FX broker FXCM has reported its trading volume metrics for April 2018, which was the company's slowest month so far in 2018, although in line with what we have seen at several of the other leading online brokers. Overall, retail FX trading volumes were down 12% MoM from March to $184 billion, the first…

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May 03, 2018 BY LeapRate Staff

Leucadia books $62M gain on FXCM loan, still owed $70M at Q1-2018

Investment company Leucadia National Corp (NYSE:LUK) - which is in the process of rebranding itself to Jefferies Financial Group - has issued its 10Q quarterly report for Q1-2018, providing an update among other things on its outstanding loan to Retail FX broker FXCM Group. In the big picture, Leucadia reported that to date (as of March…

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April 05, 2018 BY LeapRate Staff

FXCM FX trading volumes down 12% in March to $210 billion

Retail FX broker FXCM continued its strong start to 2018, although March wasn't quite as good as January or February. FXCM reported client trading volumes of $210 billion for March 2018, 12% below February's $239 billion. Keeping in mind, however, that January and February were FXCM's best months since the February 2017 crisis which saw FXCM exit the…

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FXCM fx volumes leucadia logo
March 06, 2018 BY LeapRate Staff

FXCM has another strong month, February FX volumes at $239 billion

Retail FX broker FXCM continued its strong start to 2018, reporting overall FX trading volumes of $239 billion. That ranks just 4% below January's $250 billion, but given that February had fewer trading days than January (20 versus 22), February's $12.0 billion average daily volume was actually 5% above January. Keeping in mind, that January…

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forex industry news update
February 25, 2018 BY LeapRate Staff

FX Industry Week Review: FXCM rebrands, Markets.com $7.6M crypto hit, Autochartist acquires, iForex fined, and lots more…

Which leading Retail FX brokers saw Revenues and Profits decline in the second half of 2017? What does FXCM's logo rebrand look like? Which Retail FX trading tool did Autochartist buy? Why was iForex fined €138,000 by CySEC? What made the infamous Swiss Franc spike of January 15, 2015 even worse? Which FX industry executive…

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GLBR Chapter 11 bankruptcy approved
February 09, 2018 BY LeapRate Staff

Global Brokerage successfully exits bankruptcy, convertible notes replaced

FX brokerage holding company Global Brokerage Inc (OTCMKTS:GLBR), formerly known as FXCM Inc, has announced that it has successfully completed its prepackaged plan of reorganization, and has emerged from Chapter 11 bankruptcy. The effective date of its prepackaged Chapter 11 Plan of Reorganization of was confirmed by Bankruptcy Judge Michael E. Wiles on January 22, 2018,…

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