Tag: Leucadia National Corp (NYSE:LUK)

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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FXCM FX trading volumes
May 16, 2017 BY LeapRate Staff

FXCM volumes down 22% MoM in April as FX volatility wanes

Retail forex broker FXCM Group LLC has announced that its trading volumes fell by 22% during April, to $176 billion. The fall in volumes at FXCM, after a fairly strong March, were fairly in line with the volume decline we have seen in April from several other leading retail FX brokers. The results of course…

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Global Brokerage chapter 11 filing FXCM
May 15, 2017 BY LeapRate Staff

Global Brokerage Inc posts $30 million net loss in Q1

Global Brokerage Inc (NASDAQ:GLBR), parent company of retail forex broker FXCM, released its Q1 results indicating - as expected - a significant decrease in activity, in large part due to the sale of the company's US clients to Gain Capital Holdings Inc (NYSE:GCAP). The company's operating loss of $24.2 million and net loss of $29.9 million…

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