Tag Archives: fxcm odl
It took a little over a year but FXCM finally completed its expected integration with ODL and is now offering stock trading to non-US traders. Stock Trading was available on FXCM’s UK website for a while now but official announcement …
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I just had an opportunity to talk to Drew Niv, FXCM’s CEO, about their acquisition of GCI Japan. FXCM acquired its Japanese franchise GCI Capital a few days ago thus receiving over 17,000 accounts and client equity of $110 million. FXCM will …
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In line with FXCM’s statement from March 2nd it has just announced its acquisition of the retail forex business of GCI Capital, a fairly large Japanese broker, which was essentially FXCM’s franchise in Japan. GCI Capital has been operating the fxcm.co.jp …
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Previously I reported that FXCM acquired ODL for only 3.5% of its shares, deal that was valued back then at $23.6 million. I hence deduced that FXCM’s value was around $676 million pre-money. It seems that FXCM have updated these …
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