BlackRock had held the largest ownership percentage in FXCM at 7.33%, however on June 30 this year, the firm took its stake in the company down to 2.9%
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Swiss interdealer broker Tradition increases share capital by CHF 1.12 billion
At the annual general meeting of Swiss interdealer broker Tradition, shareholders approved an increase the existing share capital by a maximum of CHF 1,125,000,00, through the issuance of a maximum of 450,000 shares, up to a maximum of CHF 17,930,277.50
Read MoreSociete General acquires stake in GMEX Group, becomes second minority investor
Societe Generale’s corporate and investment banking division plans to provide execution and clearing services for clients trading on the exchange
Read MoreICAP announces increase in shareholder voting rights
As of today’s date, ICAP holds 16,222,086 ordinary shares in Treasury, therefore the total number of voting rights in the company is 648,314,920
Read MoreDavid Sakhai exchanges FXCM Holdings LLC shares of $100,200 in value for equal holding in FXCM Inc
At a time when FXCM is increasing its already dominant market presence in North America, the firm’s COO elects to sell shares in FXCM Holdings LLC, and gain an equal amount of ownership in FXCM Inc.
Read MoreIG Group sees US mutual fund manager Mass Financial pick up 10% stake
As interest from global financial institutions in FX firms continue, USUS mutual fund management firm Mass Financial acquires 10% share in UK-based IG Group
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