Leucadia National Corporation (NYSE:LUK) and FXCM Inc. (NYSE:FXCM) today announced that they have entered into a memorandum of understanding to amend the terms of…
Read MoreFXCM amends stockholder rights plan
FXCM Inc. (NYSE:FXCM), today announced that its board of directors has voted to extend and amend the terms of the company’s…
Read MoreFXCM sees Q3 revenues steady QoQ to $59.6 million; while October retail trading volume of $335 billion remains strong
FXCM Inc (NYSE:FXCM), the globally regulated online provider of forex trading and related services, today announced financial results for the quarter…
Read MoreU.S. Retail Forex Broker assets decline 7.4% MoM in August
No positive gains from any brokers in August’s just released USA FCM report. Did traders withdrawal their money or suffer losses on their accounts reducing deposits?
Read MoreFXCM August retail volumes rise 4% MoM to $329 billion; institutional volumes retstated
As FXCM continues its reshuffling post January 15th, the firm looks to have ‘moved’ their institutional volumes to FastMatch, so official institutional volumes at FXCM have all but dried up.
Read MoreUS retail Forex assets rise 6.4% in July as FCMs show increases across the board
US Retail Forex brokers saw client assets on deposit increase in July, the increased volatility in FX markets during summer trading sure…
Read MoreCFTC orders FXCM to pay more than $843K for supervision and records violations
The CFTC Order requires FXCM to pay a civil monetary penalty of $700,000; disgorge commissions and fees of $143,922.50 it earned from fraudulent FX investment pool…
Read MoreFXCM goes downmarket, offering $50 minimum accounts and 400x leverage
FXCM Markets, the FXCM Inc (NYSE:FXCM) unregulated entity introduced in April 2013 has entered the mirco account threshold by newly lowering…
Read MoreFXCM Q2 revenues hit from asset sales, but July volumes remain strong
While FXCM continues to feel the after-effects of the January 15th Swiss Franc debacle, volumes continue to stay in line with industry trends with no major drop-offs…
Read MoreFXCM announces 1-for-10 reverse stock split
“The execution of this reverse split represents an important step in achieving several significant corporate objectives, including FXCM’s continued listing on the New York Stock Exchange,” said Drew Niv, Chief Executive Officer and Chairman of the Board.
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