FXCM Group reports declining February metrics
Mar 15 2017 09:00:35 Jonathan Smith in Brokers
FXCM Group, which now contains all FXCM subsidiaries, except the US, has reported a decline in its February retail and institutional customer trading metrics.
According to the document, the customer trading volume in February amounted to $201 billion.
FBI: Losses from binary options fraud run into the millions
Mar 14 2017 13:02:11 Jonathan Smith in Market
It seems that the regulators and law enforcement agencies across the world are finally becoming aware of the risks of trading in binary options.
FXCM has $155 million left to repay to Leucadia
Feb 28 2017 13:24:05 Jonathan Smith in Brokers
After having made payments in the amount of $238 million to Leucadia National Corp., Forex Capital Markets (FXCM) has $155 million left to repay to its US lender, Leucadia National Corp.
Gain Capital gains 47 000 ex-FXCM US clients with $142 mln. in assets
Feb 28 2017 13:03:25 Jonathan Smith in Brokers
Major US forex broker Gain Capital, announced it has successfully migrated the accounts of 47 000 retail US clients of FXCM to its Forex.com retail brokerage brand. They have approximately $142 million in assets.
FXCM pays $650 K CFTC fine for 2015 undercapitalization
Feb 14 2017 13:13:17 Jonathan Smith in Brokers
FXCM's woes see no end. After last week's shocking regulatory actions against it that forced it to exit the US forex market, where it was the leader, this week the broker took action to resolve another old regulatory issue and pay a $650 000 fine.