FXCM (NYSE:FXCM) director Mr. Eric LeGoff, who has been a director at FXCM since 2010 and was appointed to the Board of Directors in connection with the IPO has sold 10,000 shares of his FXCM stock according to a filing with the SEC today. According to company website, Mr. LeGoff is co-founder, president and COO…
Read moreLeapRate has calculated via a series of filings made with the U.S. Securities and Exchange Commission (SEC) in November filed on December 1st, Lucid Markets principal Matthew Wilhelm has sold about $7.8M worth of FXCM (NYSE:FXCM) stock on 481,228 shares at an average price of around $16.40 during the month of November (see table below). …
Read moreFXCM CEO Drew Niv stated: "We believe we are well positioned for the future even if trading conditions were to moderate." As he made note of the fact traders are cheering the company's move to raw spreads and did away with it's dealing desk...
Read moreLeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC), that former FXCM (NYSE:FXCM) senior executive Michael Romersa has sold approximately $1.4 million worth of his FXCM shares over the past couple of days. He sold 85,470 shares at prices ranging from $16.32 to $16.78. The last reported sale of Mr.…
Read moreFX Week is reporting lack of demand and a recent FCA review into best execution has led FXCM to move away from its principal business since August 30th
Read moreLeapRate Exclusive... LeapRate had learned from updated CFTC data that cash held in US retail forex trading accounts fell to a multi-year low in June 2014. Total clients assets were $591 million, down 2% from May's $599 million. Looking back a while, the US retail forex industry has shrunk more than 20% from year end…
Read more