Tag: FXCM sells DailyFX to IG

October 02, 2016 BY LeapRate Staff

Forex Industry Week Review: Holland FX ad ban, Pepperstone FCA license, DailyFX sold, Israel licenses granted, and lots more…

It was a very busy Forex Industry News week at LeapRate, with a little of everything - public offerings, M&A, regulatory moves, new licenses, executive moves, financial results.... and of course, our usual dose of behind-the-scenes exclusive coverage you'll see only at LeapRate. Our most popular guest posts this week were: 4 ways to enhance the…

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September 30, 2016 BY LeapRate Staff

IG Group buys Forex research site DailyFX from FXCM Inc for $40 million

Well it looks as if FXCM still does have some salable assets. Continuing its parade of asset sales in order to repay its high-interest loan from Leucadia National Corp (NYSE:LUK), retail forex broker FXCM Inc (NASDAQ:FXCM) has sold its very popular research, education and market news website DailyFX to UK online trading giant IG Group Holdings plc…

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