January 06, 2015 BY LeapRate Staff
FXCM Inc acquisition of IBFX assets - $5.4 million
How does the valuation here compare with FXCM's purchase of FXDD's US clients a few months ago?
Read moreHow does the valuation here compare with FXCM's purchase of FXDD's US clients a few months ago?
Read moreUS retail client assets declined, even as global FX trading volumes set records during September. And the industry keeps getting more concentrated.
Read moreThe US's big three - FXCM, Oanda and Forex.com (Gain Capital) - each led the way picking up $10M+ in new client assets in July.
Read moreLots of Forex M&A in the news lately. After buying both FXDD's and Alpari's US operations, leading retail forex broker FXCM (NYSE:FXCM) has now closed on a deal to buy IBFX's US and Australia clients. IBFX is a subsidiary of Japan's Monex Group. FXCM will be acquiring approximately $63 million in client equity and 13,000…
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