October 23, 2014 BY Mike Fox

FXCM ex chief dealer Michael Romersa cashes in $1.4 million of FXCM shares

LeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC), that former FXCM (NYSE:FXCM) senior executive Michael Romersa has sold approximately $1.4 million worth of his FXCM shares over the past couple of days. He sold 85,470 shares at prices ranging from $16.32 to $16.78. The last reported sale of Mr.…

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August 11, 2014 BY Gerald Segal

US Retail FX Assets drop to multi year low in June

LeapRate Exclusive... LeapRate had learned from updated CFTC data that cash held in US retail forex trading accounts fell to a multi-year low in June 2014. Total clients assets were $591 million, down 2% from May's $599 million. Looking  back a while, the US retail forex industry has shrunk more than 20% from year end…

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