Retail forex broker GAIN Capital Holdings, Inc (NYSE: GCAP) just reported their operating metrics for the month of March 2017. Apparently, the acquisition of the US clients of FXCM - now Global Brokerage Inc (NASDAQ:GLBR) - drove Gain Capital to higher FX volumes last month, after their low Forex volumes in February. OTC Trading Volume…
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Following our earlier report that New York based retail forex broker FXCM Inc (NASDAQ:FXCM) had been banned from the US market (alongside bans for CEO Drew Niv and co-founder William Adhout) after FXCM settled allegations of defrauding customers regarding its market making activities, FXCM has put out a statement confirming the settlement with US regulators CFTC…
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Retail forex broker FXCM Inc. (NASDAQ:FXCM) just announced certain key customer trading metrics for December 2016 for its retail and institutional foreign exchange business. Overall, FXCM had its slowest volumes month since February 2015. But it is hard to make any kind of volume conclusions based on December, which is often seasonally slow due to…
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Forex Capital Markets LLC, (FXCM) the US entity of FXCM Inc. (NASDAQ:FXCM), a global online provider of foreign exchange (FX) trading and related services, announced today Live Trading Integration with QuantConnect, a cloud-based algorithmic trading platform for strategy creation, backtesting and deployment. Paired with FXCM's No Dealing Desk (NDD) execution, algo traders can run strategies…
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FXCM Inc. (NASDAQ:FXCM), an online provider of foreign exchange (FX) trading, Contract for Difference (CFD) and related services, has announced the opening of its newest office, FXCM South Africa, based in Johannesburg. New Office Location: 114 West Street, 6th Floor, Katherine & West Building, Sandton 2196, Johannesburg, South Africa Drew Niv, CEO of FXCM, said:…
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Retail forex broker FXCM Inc. (NASDAQ:FXCM) has announced for the quarter ended September 30, 2016, U.S. GAAP trading revenue from continuing operations was $57.8 million, compared to $56.2 million for the quarter ended September 30, 2015. U.S. GAAP net loss attributable to FXCM Inc. from continuing operations was $35.8 million (including a $27.0 million net…
Read moreFXCM Inc. (NASDAQ:FXCM) has announced certain key customer trading metrics for September 2016 for its retail and institutional foreign exchange business. September seems to be a great month for FXCM's retail FX volume results since they have reached their highest peak since January 2016. Here are the highlights: September 2016 Customer Trading Metrics from Continuing Operations Retail Customer Trading Metrics Retail…
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