US Retail Forex client assets hit multi-year low in December 2014 at $551 million LeapRate

February 18, 2015 BY LeapRate Staff

US Retail Forex client assets hit multi-year low in December 2014 at $551 million

FXCM Inc saw a 12% drop in US retail client assets - before the events of January 15.

February 13, 2015 BY Andrew Saks-McLeod

FMR LLC sells further shares in FXCM, takes stake down to 1.4%

FMR LLC has sold down the majority of its position in FXCM as reported by a filing with the US Securities and Exchange Commission dated February 9, 2015

February 09, 2015 BY Andrew Saks-McLeod

FXCM to discontinue 13 currency pairs as risk mitigation continues

Friday, February 20, FXCM will discontinue trading on 13 currency pairs. Should a client currently have a pending order to open a position in the pairs concerned, the order will be deleted prior to market close on February 6, 2015

February 05, 2015 BY Andrew Saks-McLeod

FXCM's largest institutional shareholder William Blair & Co, increases stake to 11.69%

Global investment manager William Blair & Co has increased its shareholding in FXCM from 10.38% to 11.69%, with its ownership being in common stock. FXCM has a separate series of private shares held only by insiders, so fully diluted William Blair would hold approximately 5% of FXCM

February 01, 2015 BY Andrew Saks-McLeod

Counting the true cost: FXCM Global Head of Dealing Eduard Yusupov's foreclosed shares sold for $2.4 million

FXCM Global Head of Dealing Eduard Yusupov had pledged 1.2 million units of FXCM Inc (NYSE:FXCM) stock with a broker as collateral on a margin loan facility. As a result of the events of January 15, the broker foreclosed on the collateral, which has now been sold for $2.43 million. Prior to January 15, this amount of FXCM shares would have been worth closer to $20 million

February 01, 2015 BY LeapRate Staff

FXCMPro sale update - price discussions now in $70-$90M range

LeapRate Exclusive... Following on our revelation late last week that FXCM is well along with the planned sale of its institutional FX brokerage arm FXCMPro, LeapRate has learned that the amounts being discussed are now somewhat lower than we originally reported. We have learned from sources close to the situation that although FXCM Inc (NYSE:FXCM)…

January 30, 2015 BY Andrew Saks-McLeod

FXCM adopts 'poison pill' shareholder rights plan

A poison pill helps prevent an unsolicited bid to buy a company, keeping the company under the control of the Board. It is NOT about raising money.

January 30, 2015 BY LeapRate Staff

FXCM set to sell FXCMPro - LeapRate Exclusive

Jefferies LLC, which also advised on the sale of Hotspot FX earlier this week, is running the sale of FXCMPro, as FXCM looks to shed non-core assets. So how much is FXCMPro worth?

January 28, 2015 BY Andrew Saks-McLeod

Breaking News: Broker forecloses on 1.2 million of FXCM Global Head of Dealing Eduard Yusupov's shares

FXCM Global Head of Dealing Eduard Yusupov had pledged 1,200,000 units of FXCM stock as collateral against a margin loan, which subsequent to the extreme market volatility of January 15, the broker concerned has foreclosed and insisted that the stock be sold in order to satisfy Mr. Yusupov's obligations

January 27, 2015 BY Andrew Saks-McLeod

Retired FXCM Chief Dealer Michael Romersa offloads entirety of FXCM stock - at just $2.7 per share

Having sold several proportions of stock during the course of the last year, including several transactions in early January 2015 involving the sale of shares at approximately $17, Michael Romersa has now sold his entire allocation of beneficial securities in FXCM for $2.708 per share

Tag: FXCM Inc (NYSE:FXCM)