Now is a great time to see the aftermath of the damage being brought to FXCM in the wake of the ruling in which the US Commodity Futures Trading Commission (CFTC) banned FXCM Inc (NASDAQ:FXCM) from its home US market, as well as a permanent registration ban for CEO Drew Niv. Today the stock is tanking by…
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The latest CFTC data from US retail forex brokers is out for November from reports filed by December 26th. The data is showing a slight rise in assets held by US retail forex traders back to $523 million, a 0.65% rise from October's $520 million (see chart above). Continuing to lead the way was FXCM…
Read moreFXCM Inc. (NASDAQ:FXCM) a leading globally regulated Forex broker today announced that it has commenced a $15 million at-the-market offering program. Under the program, FXCM may, from time to time and at its discretion, offer and sell shares of its Class A common stock (Common Stock) having an aggregate gross sales price of up to…
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