The rebranding of FXCM Inc to Global Brokerage Inc (NASDAQ:GLBR), and the change of its NASDAQ ticker symbol from the eponymous FXCM to GLBR, hasn't exactly seemed to work. At least so far. Shares of FXCM / GLBR continued to fall in its first week trading under its new moniker, down 16% on the week. GLBR…
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Continued fallout from the ban of FXCM Inc (NASDAQ:FXCM) and its co-founders Drew Niv and William Ahdout from the US forex sector... Institutional Forex ECN FastMatch, in which FXCM holds an equity stake, announced that Mr. Niv and Mr. Ahdout have left the FastMatch board of directors, effective immediately. They have been replaced by two…
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In a fairly harsh and historic move, the US Commodity Futures Trading Commission (CFTC) has banned FXCM Inc (NASDAQ:FXCM) from its home US market, as well as a permanent registration ban for CEO Drew Niv (pictured above). More details follow. We expect the company to put out a formal statement within about an hour, formally announcing…
Read moreFurther to last week's sale of shares, William Ahdout has realized the cash value of a further 106,288 shares, whilst David Sassoon and Nicola Santoro Jr also sell a proportion of company stock
Read moreLeapRate has learned, via filings made with the U.S. Securities and Exchange Commission (SEC), that FXCM (NYSE:FXCM) Director and Chief Dealer William Ahdout has sold 50,000 FXCM shares worth approximately $819,000. The sales were made on November 12. Mr. Ahdout converted some of his special Holding Units into regular FXCM Class A common stock to effect…
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