FXCM's retail volumes hit $375 billion in March, institutional volumes $248 billion. Great numbers, but still well below FXCM's pre-SNB crisis figures.
Read moreFXCM unloads part of its institutional capabilities to 'cousin company' Jefferies LLC. Jefferies is owned by Leucadia, which bailed out FXCM in January.
Read moreAs an Introducing Broker for FXCM, NinjaTrader Brokerage clients will have access to one of the industry’s largest networks of FX liquidity providers as the futures firm adds spot currency trading
Read moreBrokers, traders and regulators are each reexamining the dangers of excessive leverage as the forex industry continues to consolidate and adapt to a new environment.
Read moreFXCM Japan Securities Co., Ltd today addressed its customers to officially confirm that it is now a subsidiary of Rakuten Securities, arm of Rakuten Inc (TYO:4755). The announcement said the deal that saw Rakuten Securities pay $62 million to acquire the Japanese operations of US Forex broker FXCM Inc (NYSE:FXCM) was successfully completed on April 1,…
Read moreBy repaying more than $60 million before April 16, 2015, FXCM has avoided a contingent financing fee of $30 million
Read moreOANDA ups its US capital levels by about $40 million after seeing a similar capital drop in January following the events of the Swiss Franc spike.
Read moreFXCM Inc (NYSE:FXCM), a giant in the retail Forex industry, announced today that Rakuten Securities, Inc., a subsidiary of Rakuten Inc (TYO:4755), will acquire its Japanese operations in a deal worth approximately $62 million. The definitive agreement has been reached amid FXCM Holdings, LLC and FXCM Newco, LLC (“FXCM”) and Rakuten. The deal will see…
Read moreMonex Group has reported that its operating revenue after financial expenses for February was a healthy 3.8 billion Yen, just 1.8% down from January's 3.9 billion Yen.
Read moreClients subject to the Negative Balance Policy who incur negative balances in excess of US $50,000 (determined by aggregating all of the client's negative balances across all accounts held by FXCM and any of its affiliates
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