FXCM, Inc. (FXCM) to Withdraw from Business in U.S.
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February 7, 2017 4:56 PM EST
GAIN Capital Holdings, Inc. (NYSE: GCAP) ("GAIN" or "the Company"), a global provider of online trading services, announced that it has entered into a definitive agreement to acquire the client base of FXCM's (Nasdaq: FXCM) U.S. operations. For the 3 months ended December 31, 2016, average daily volume from customers of FXCM's U.S. operations was approximately $2.4... More
February 7, 2017 6:34 AM EST
GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced that it has signed a non-binding letter of intent to acquire the client base of FXCM's (Nasdaq: FXCM) U.S. operations.
Under the letter of intent, customers of FXCM's U.S. regulated business will be transferred to GAIN's retail brand... More
February 6, 2017 4:00 PM EST
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Forex Capital Markets, LLC (Nasdaq: FXCM) , its parent company, FXCM Holdings, LLC (FXCM Holdings), and two founding partners, Dror (Drew) Niv, and William Ahdout, who were, respectively, Chief Executive Officer of FXCM and Managing Director of FXCM, (collectively, Respondents). FXCMs principal place of business is New York, New York; Niv resides in Connecticut; and Ahdout resides in New York.
The CFTC Order finds that, between September 4, 2009 though at least 2014 (the Relevant Period), FXCM engaged in false... More
