May 11, 2015 BY Maria Nikolova
FXCM targets repayment of Leucadia loan by end of 2015
During the conference call on the results for Q1 2015, Drew Niv said Leucadia loan should be fully repaid by this year's end.
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May 11, 2015 BY LeapRate Staff
FXCM Q1 results explained - how exactly did they lose $629 million?
We also review a so far underlooked but very important number in FXCM's Q1 report - $30 million in interest expense, for a company with $69 million in revenue.
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May 09, 2015 BY Maria Nikolova
Swiss franc spike pushes FXCM into hefty loss in Q1 2015
The net loss from continuing operations amounted to $393.3 million, whereas the loss from discontinued operations totaled $33.5 million.
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May 09, 2015 BY Maria Nikolova
FXCM registers 7% MoM drop in retail Forex volumes in April 2015
Retail Forex volumes from continuing operations amounted to $306 billion in April 2015, down 7% from the level seen in March 2015.
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May 08, 2015 BY LeapRate Staff
Leucadia claims $687 million in gains from its FXCM investment
Another big winner from the Leucadia-FXCM deal was investment bank Jefferies, booking a $21 million advisory fee.
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May 08, 2015 BY Maria Nikolova
FXCM Japan negotiates services transition, plans to discontinue Mirror Trader
FXCM Japan and Rakuten Securities agreed today to complete services integration on August 1, 2015.
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May 06, 2015 BY LeapRate Staff
US Retail Forex assets rise 2% in March as industry stabilizes post-January 15
It looks like there still might be hope for reviving the stagnant US retail forex trading sector. US regulated retail forex brokers saw client assets rise 2% during the month of March to $579 million. As we reported earlier in LeapRate's Retail FX Volume Index, currency trading globally picked up nicely in March as FX volatility and…
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May 04, 2015 BY LeapRate Staff
FXCM shares dip back below $2 as shareholders change over from institutional to retail
Are FXCM's shares a potential bargain at below $2? Or are traders convinced there's little upside, even if things go operationally well for FXCM?
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April 21, 2015 BY Andrew Saks-McLeod
FXCM issues 569,344 at-the-money options as part of negative balance settlement
FXCM has issued an immediately exercisable option agreement which expires two years from the date of issuance as part of negative equity balance settlement with a customer
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April 20, 2015 BY Andrew Saks-McLeod
FXCM's institutional business to focus on HFT, wholesale and Prime of Prime as firm disposes of non-core assets
FXCM Pro will focus heavily on its wholesale business, which will continue catering to retail brokers, small hedge funds and emerging market banks while FXCM's Prime of Prime business, FXCM Prime, will focus on HFT customers
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