The imminent sale of FXCM's Hong Kong operations to Japanese giant Rakuten Securities is " is another positive step towards FXCM completing its plan to sell non-core assets and repay the Leucadia loan" says Drew Niv, CEO of FXCM
Read moreIndependent FXCM director James Brown has sold further shares in the company as the latest in a series of transactions, taking the total value of shares that he has sold in just one week to $1,093,904
Read moreThe sun is due to set on FXCM Japan's Mirror Trader service on May 29 this year as a result of new owner Rakuten Securities' intention to eschew Tradency's service
Read moreFXCM independent director James Brown has sold a further series of shares in the company, taking the total value of shares that he has sold during the last week to $899,500
Read moreIn a move underlining the consolidation wave engulfing the Forex industry, retail Forex giant FXCM is acquiring the bigger part of margin FX accounts of CitiFX Pro.
Read moreTwo days after selling $585,000 worth of company stock, FXCM independent director James Brown has sold a further 207,970 shares, at a value of $312,000
Read moreFXCM basically giving away Faros to Jefferies LLC - another subsidiary of Leucadia - may indicate who is really calling the shots now at FXCM. And, for who's benefit the company is being run.
Read moreAfter we reported mid-week that its shares had dropped 19% since Q1 results were released on Friday May 8, shares of retail forex broker FXCM Inc (NYSE:FXCM) continued their freefall Thursday and Friday following a report by investment bank Keefe, Bruyette & Woods (KBW) setting a $1 price target on the company. FXCM shares dropped 9% on…
Read moreFXCM independent director James Brown has sold over half a million dollars worth of shares in the company, leaving him with 100,000 shares, equivalent to 0.22% of the company's market capitalization
Read moreShares of retail forex broker FXCM Inc (NYSE:FXCM) continue to head south, following Q1 financial results which apparently both confused and disappointed investors. Interestingly, leading up to FXCM's Q1 results announcement last Friday FXCM shares traded up nicely - up 18% on Friday. But that optimism dissipated quickly once investors had the weekend to contemplate…
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