FXCM's admission that hackers had successfully accessed FXCM customer information and initiated wire transfers from FXCM customer accounts probably didn't help.
Read moreThe incident, which involved unauthorized wire transfers from a number of customer accounts, is now subject to an investigation by FXCM and the FBI.
Read moreVia the connector, FXCM provides live market data feed and complete trade cycle management to users of TradeSharp.
Read moreLeapRate Exclusive... LeapRate has learned that the shareholder vote held today at FXCM Inc (NYSE:FXCM) on the issue of a 1:10 reverse share split of the company's shares overwhelmingly passed the resolution in favor of a reverse split. The reverse split is required to prevent FXCM's shares from being delisted from the NYSE. NYSE rules…
Read moreFXCM anticipates repaying $33 million outstanding under its agreement with Leucadia and will have repaid $115 million to date, leaving $195 million remaining.
Read moreFXCM Asia Limited says it will continue to service Hong Kong forex traders as “FXCM Asia powered by Rakuten Sec”.
Read moreFXCM announced back in July that its Board of Directors approved a 1-for-10 reverse stock split of its issued and outstanding Class A common stock to avoid such issues.
Read moreLeapRate takes a deeper look at understanding FXCM's half-billion dollar loss in 1H-2015 - and why FXCM shares are trading so low.
Read moreNot a proud day in the history of FXCM Inc (NYSE:FXCM). The venerable retail forex broker, which went public in December 2010 at $14 per share, saw its shares dip below $1.00 for the first time into 'penny stock' territory. FXCM shares dropped 17% at open today, down from $1.03 all the way to $0.86. At…
Read moreUS Retail Forex brokers saw client assets on deposit drop for a third consecutive month in June, based on just-released data from the CFTC. Overall, Retail FX accounts at US regulated brokers totaled $561.1 million as at June 30 - down 1.4% from May and the second lowest figure ever. The lowest point since record keeping…
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