FXCM's initial confirmation of negative client balances was $225 million, however it has now been revealed that it stands at $276 million. With a $51 million gulf, and only a handful of brokers having reported their negative equity exposure, what is the true cost? LeapRate takes a detailed look
Read moreKCG has confirmed that on March 10, 2015, it priced a private offering of $500 million principal amount of 6.875% senior secured notes due 2020
Read moreKCG's imminent launch of a capital markets debt transaction aims to repay the company's maturing convertible loan notes and redeem secured notes, with the transaction expected to take place next week
Read moreKCG has established a new offering specifically dedicated to providing clients with insight into complex and special situations, with Eric Laumann at the helm, an executive with experience that spans across institutions including Cantor Fitzgerald, Credit Suisse, Bear Stearns and Millenium Partners
Read moreIn Market Making, KCG averaged $32.6 billion dollar volume traded, compared with $30.1 billion in December 2014. The firm's recently sold FX ECN, Hotspot, experienced its second best month since establishment, at $34.3 billion average per day
Read moreWith this new connection to KCG, TT will provide professional traders with a consolidated point of access to multiple sources of global fixed income liquidity.
Read moreKCG owns a 16.5% stake in privately held BATS and has said on several occasions that it will consider selling the stake for the right price.
Read moreKCG offloads futures commission merchant to Wedbush Securities, reduces liabilities by $680 million
Read moreIndependent Forex ECN Hotspot's volume ticked up slightly from April's extreme lows...
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