FXCM releases statement on ongoing discussions with Leucadia and stock repurchase program LeapRate

December 12, 2015 BY Mike Fox

FXCM releases statement on ongoing discussions with Leucadia and stock repurchase program

FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today provided an update regarding its relationship with Leucadia and its stock repurchase program. As previously stated, ‎both FXCM and Leucadia remain committed to restructuring their existing Letter Agreement in a manner that is consistent with a sustainable long-term and…

December 03, 2015 BY LeapRate Staff

Expobank to rename FXCM Securities as Walbrook Capital Markets

Following our report yesterday that FXCM Inc (NYSE:FXCM) had closed the sale of its regulated UK CFD arm FXCM Securities to Latvia's AS Expobank - which had been exclusively reported on LeapRate back in July - LeapRate has learned that Expobank has plans for its new FCA regulated arm, including a name change to Walbrook Capital Markets.…

November 25, 2015 BY LeapRate Staff

FXCM shares shed (another) 13% Tuesday, drop to new all-time low

FXCM just can't seem to buy a break. Despite posting some fairly decent financial and operating results lately, shares of retail forex broker FXCM continue to weaken. On an otherwise positive day for the stock market, and with no 'new news' out there, FXCM saw its shares drop 13% on Tuesday to hit its lowest…

October 11, 2015 BY LeapRate Staff

Franklin Templeton confirms 13.5% stake in FXCM Inc

FXCM also discloses that it still owes Leucadia $203 million, even after $148 million was repaid so far.

August 20, 2015 BY Maria Nikolova

Leucadia names John M. Dalton controller, chief accounting officer

The appointment of John M. Dalton, age 33, will become effective on or before September 15, 2015.

August 10, 2015 BY LeapRate Staff

(Mis)understanding FXCM's $500 million 1H loss and valuation

LeapRate takes a deeper look at understanding FXCM's half-billion dollar loss in 1H-2015 - and why FXCM shares are trading so low.

August 07, 2015 BY LeapRate Staff

FXCM Inc now officially a Penny Stock as shares dive 17% after Q2 results out

Not a proud day in the history of FXCM Inc (NYSE:FXCM). The venerable retail forex broker, which went public in December 2010 at $14 per share, saw its shares dip below $1.00 for the first time into 'penny stock' territory. FXCM shares dropped 17% at open today, down from $1.03 all the way to $0.86. At…

July 29, 2015 BY LeapRate Staff

FXCM Stock Trading set to be sold to AS Expobank - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned from industry sources that FXCM's next asset sale will be that of its regulated UK CFD arm FXCM Stock Trading. Apparently FXCM is in advanced negotiations to sell FXCM Stock Trading to AS Expobank. Controlled by Russian multimillionaire Igor Kim, Expobank is one of the oldest banks in Latvia, with a branch…

July 08, 2015 BY LeapRate Staff

GAIN Capital shares drop to five month low following Jefferies price target cut

GCAP shares dropped below $9 for the first time since the immediate aftermath of mid-January's Swiss Franc spike.

May 20, 2015 BY LeapRate Staff

FXCM 10-Q confirms Faros Trading sale done for nothing upfront plus %-of-profits - but why?

FXCM basically giving away Faros to Jefferies LLC - another subsidiary of Leucadia - may indicate who is really calling the shots now at FXCM. And, for who's benefit the company is being run.

Tag: Leucadia National Corp (NYSE:LUK)