Invast Global adds FX pricing from Lucid Markets to its PurePrime prime services facility LeapRate

May 03, 2017 BY LeapRate Staff

Invast Global adds FX pricing from Lucid Markets to its PurePrime prime services facility

Invast Global, the ASIC-regulated Australian-based arm of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has announced that it has deepened the liquidity offering of its multi-asset prime services facility PurePrime by adding FX pricing from Lucid Markets. Lucid Markets is a unit of Global Brokerage Inc (NASDAQ:GLBR), formerly FXCM Inc. Lucid established itself in 2009…

October 14, 2014 BY Mike Fox

Lucid Markets principal Matthew Wilhelm pockets $4.3M more of FXCM shares in October

LeapRate Exclusive…LeapRate has learned, via a series of filings made with the U.S. Securities and Exchange Commission (SEC), that Lucid Markets principal Matthew Wilhelm has sold about $4.3 million worth of FXCM (NYSE:FXCM) shares during the month of October (see table below). Wilhelm unloaded 268,530 shares so far in October for an average price of about…

March 05, 2014 BY Gerald Segal

Lucid Markets principal Matthew Wilhelm sells (another) $8.6 million of FXCM shares in February

FXCM bought 50% of institutional FX market maker Lucid in 2012 for $176 million, paid mainly in FXCM stock. LeapRate Exclusive.... LeapRate has learned, via a series of filings made with the U.S. Securities and Exchange Commission (SEC), that Lucid Markets principal Matthew Wilhelm has sold about $8.6 million worth of FXCM shares during the…

January 28, 2014 BY Gerald Segal

Lucid Markets principal Fred Wilhelm cashes in $19 million of FXCM shares

FXCM bought 50% of institutional FX market maker Lucid in 2012 for $176 million, paid mainly in FXCM stock. Cash might be king, but shares aren't bad either, especially if they go up.... LeapRate has learned, via a series of filings made with the U.S. Securities and Exchange Commission (SEC), that Lucid Markets principal Fred…

November 18, 2013 BY Gerald Segal

FXCM extends debt facility to $250 million as it pursues acquisitions

FXCM already has a strong balance sheet with over $400 million in cash. Leading forex broker FXCM (NYSE:FXCM) announced today that it has extended its $155 million credit facility by $50 million to $205 million -- and under certain circumstances it can be further extended to $250 million. The maturity of the facility was extended…

August 23, 2013 BY Gerald Segal

FXCM confirms M&A talks with high speed trading firm Infinium

However FXCM did not say whether or not any sort of investment in or acquisition of Infinium was imminent. After a Wall Street Journal article reported that leading forex broker FXCM was in talks to to invest in Infinium Capital Management LLC, a Chicago-based struggling high-frequency trading firm, FXCM decided to post a quick comment confirming…

June 21, 2012 BY Gerald Segal

FXCM once again underpays for an acquisition

Institutional FX market maker Lucid bought at below average multiples.

Tag: Lucid Markets