October 31, 2016 BY LeapRate Staff
IG Group closes $40 million acquisition of Forex research site DailyFX.com from FXCM
Retail forex broker FXCM Inc (NASDAQ:FXCM) has announced that it has closed on its previously announced sale of the DailyFX.com Forex research website business to IG Group Holdings plc (LON:IGG) for a price of $40 million. Cash of $36 million was paid by IG to FXCM on closing, with an additional $4 million to be…
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