FXCM Releases Detailed Data on the SNB Flash Crash

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FXCM (FXCM) Provides Timeline on SNB Flash Crash

March 12, 2015 8:42 AM UTC

FXCM Inc. (NYSE: FXCM) today disclosed detailed information regarding its systems and the broader FX market during the January 15th EUR/CHF Flash Crash. FXCM has compiled data points which demonstrate the unprecedented and extreme dysfunction of the FX market on January 15th. For the full recording and presentation please click here.

The Swiss National Bank's Mishandling of the Swiss Franc:

On January 15, 2015, the Swiss National Bank (SNB) caused a flash crash that lead to historic dysfunction never seen before in the FX markets when it announced that it was completely (not... More