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Articles tagged by FXCM

More Platforms Report July Volume Decline Thomson Reuters, FX Spotstream and FXCM have all reported a month-on-month decline in FX average daily volume (ADV), however the latter two are up on a year-on-year basis. Thomson Reuters says spot volumes across its platforms was $97 billion per day, 8.5% ...
CFTC Piles in on FXCM over January 15 Even as FXCM continues to extricate it from a punitive loan that saved the firm, its travails are increasing with news the US Commodity Futures Trading Commission (CFTC) has charged the firm over events surrounding its near collapse in the ...
FXCM Hits Back at CFTC Charges FXCM has issued a statement expressing severe disappointment at the charges leveled against the firm by the Commodity Futures Trading Commission (CFTC), stating that they are “unprecedented and unwarranted”.  The CFTC claims relate to when the Swiss National Bank (SNB) ...
And Finally... This should be the time to tiptoe (very gently) back into the murky twilight that exists between the legal/regulatory profession and markets, but as this column rarely believes in doing anything gently, we’ll just pile right in. Are ...
US Court Dismisses Fraud Claims Against FXCM A US court has granted a motion to dismiss the legal complaints aimed at FXCM, and certain members of its senior staff, in which the plaintiff alleged that they were mislead about the risks associated with the firms’ agency business ...
FXCM Sells Research Website for $40m FXCM has agreed to sell DailyFX, its news and research website to IG Group for $40 million. Subject to IG final approval and customary closing conditions, the transaction is expected to close by the end of October. Upon completion, IG will receive the entire DailyFX business including all international and domestic web domains, source code and content. The 34 employees currently working on DailyFX domains will also transfer to IG in the transaction. FXCM will continue to be an advertiser to US and Canadian residents on the DailyFX English version of the website.