FXCM to Sponsor and Take Part in the First Annual Forex Magnates Summit

10 Comments

NEW YORK–(BUSINESS WIRE)–Aug. 29, 2012– FXCM Inc. (NYSE: FXCM) will be the platinum sponsor of the first annual Forex Magnates Summit to be held on November 14, 2012. This exclusive summit brings together over 350 top forex executives to discuss business trends, upcoming and pending regulation changes to the industry, and technology advancements enhancing the forex market.

Along with FXCM’s sponsorship, CEO Drew Niv will be a featured guest on a panel with other CEOs discussing mergers and acquisitions in the forex market. The roundtable discussion will include the topics of how deals are structured, what parameters an acquiring company searches for in a potential acquisition target, and what company owners should do in order to become attractive to potential M&A deals.

Drew Niv and fellow FXCM executives will be using the opportunity of attending the Forex Magnates Summit to share their vast forex industry knowledge with other attendees and to expand FXCM’s footprint within the sector.

To learn more about the Forex Magnates Summit, please go to: http://summit.forexmagnates.com/en/.

About FXCM Inc.

FXCM Inc. is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide.

At the heart of FXCM’s client offering is No Dealing Desk forex trading. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. FXCM’s UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.

Trading foreign exchange, contracts for differences, or spread bets on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by FXCM you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. FXCM provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. FXCM recommends you seek advice from a separate financial advisor. Please click here to read full risk warning.

All references to “FXCM” refer to FXCM Inc. and its consolidated subsidiaries.

About Forex Magnates

Forex Magnates is the premier destination for Retail and Institutional forex industry news. Since its inception in 2009, Forex Magnates has become the “go to” destination of forex professionals to stay up to date of happenings in the industry. On the company’s website Forex Magnates publishes breaking industry news, profiles of new innovative products, and new and coming trends within the sector. In its print segment, the company produces quarterly reports that feature in-depth research of the industry including monthly volume calculations for the top 50 forex brokers, interviews with top CEO’s, and country specific reports. In addition Forex Magnates delivers ad-hoc professional research on forex and other financial markets. Find out more on www.forexmagnates.com.

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More information on this subject is found in the latest Forex Magnates Quarterly Report

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10 Comments on this post

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  1. Yohay said:

    Very nice!

    August 29th, 2012 at 12:53 pm
  2. david said:

    Great! So basically its a conference for failing firms to attend and find out first hand from Drew what it takes to sell your company to FXCM.

    August 29th, 2012 at 12:54 pm
  3. Michael Greenberg said:

    why so negative? fxcm bought a bunch of highly successful firms including lucid markets, foreland and gci

    August 29th, 2012 at 1:31 pm
  4. david said:

    Not negative at all. Consolidation is good for the industry. Shake the tree and the weak leaves and branches will fall off. Once the smoke clears and dust settles there will be 3-4 solid firms left and the bar will be set high for any new competitors that want to enter the space.

    August 29th, 2012 at 1:40 pm
  5. Michael Greenberg said:

    agree

    August 29th, 2012 at 1:47 pm
  6. Jeff said:

    Wow nice job. The site was only made 3 years ago? It has certainly made a lot of headway since then.

    I do agree it seems like they are hosting a buyout party, but I have no opinion on the implications of that? Isn’t it just the way of the world?

    August 29th, 2012 at 3:18 pm
  7. Michael Greenberg said:

    3 years and 2 months ;)

    August 29th, 2012 at 3:29 pm
  8. Ron Finberg said:

    nicely done: Yesterday FXCM shares were down 7%, today 4.77% higher. They owe FM a good 20mil in mkt cap :) . I guess rates for next years sponsors just doubled.

    August 29th, 2012 at 9:33 pm
  9. Jon said:

    I’m sure there will be pictures :) . I’m glad to see someone with integrity heading up this venue. I only hope that you continue to allow the venue to be accessible to the little people, whether vendors or attendees.

    August 31st, 2012 at 9:57 am
  10. Michael Greenberg said:

    it’s a tough one, remember it’s mainly event for broker executives so we must follow strict vetting procedures. we do want to accommodate as many as possible but i think in life you just can’t make everybody happy all the time. for instance we can’t have 100′s of tiny providers pestering major broker CEOs – if this happens, they won’t show up next year.

    August 31st, 2012 at 11:58 am

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