January 23, 2015 BY LeapRate Staff
FXCM letter to clients to repay negative balances
FXCM has taken another step to erase negative client balances - merging accounts.
Read more
January 22, 2015 BY LeapRate Staff
Do FXCM clients with negative equity balances have a right to refuse to pay?
FXCM has stated that its policy is generally not to pursue claims for negative equity against our customers.
Read more
January 20, 2015 BY LeapRate Staff
FXCM-Leucadia deal details - rising interest, forced sale after 3 years
The investment structure is somewhat complicated, but essentially Leucadia will get about half of the sale proceeds (or more) of FXCM beyond the $300 million it lent the company. And it can force a sale after three years.
Read more