Tag Archives: FXCM
A Bank of Montreal study in the way Canadian investors behave online has produced promising results. The study of 1,000 Canadians shows that around 65% will be investing online over the next 5 years.
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Hotspot FX posts 12% gain in volume in April 2013, gap between retail and institutional brokers narrows
14
2013
Hotspot FX was back growing in April 2013 while leading retail forex brokerages were getting closer and even above some of the institutional broker volume levels showing that gap between retail and institutional broking is narrowing.
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Who and when will be the next broker to go public is always a hot debate. With uncertainty in Europe, Lars Seier Christensen, Co-CEO, Saxo Bank states that his firm is holding back from an IPO.
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Last August we reported that DMM Securities had acquired Gaitame Japan. Subsequently, DMM reported $161 billion in monthly volumes for August. The acquisition proved well timed, as a it caught a period of depressed interest in Japanese FX trading. Since …
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Following their earnings report, FXCM held its conference call presentation. You can check out the entire transcript of the call here. Below are areas that were of focus in the prepared presentation and Q&A session. Revenues per million: Although Q1 …
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FXCM has just posted its first quarter financial results. During the quarter, the broker achieved US GAAP net income of $6.9 million ($0.23/share) on revenues of $122.9 million. The results met analyst expectations. The top line figures were 20% above …
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FXCM Drops Offer to Buy GAIN Capital – Cites GAIN’s Forthcoming GFT Purchase As Reason
26
2013
Following a relatively short courtship between FXCM and GAIN Capital‘s senior management, in which FXCM made an unsolicited bid to acquire GAIN Capital during the early stages of this month, the talks have resulted in a complete withdrawal by FXCM …
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GFT/GAIN Capital Merger Analysis – Exclusive Comments By Glenn Stevens and Gary Tilkin
25
2013
Is GAIN Capital getting a steal? Listening to conference call and accompanying presentation, it would appear so. From their Merger Presentation (see slides below), GAIN highlighted the benefits of the merger. The meat was the financial data of both firm’s …
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Traders desiring an unregulated broker, but backed by a major financial firm are now in luck with the launch of FXCM Markets, an unregulated subsidiary of FXCM. The new entity marks a change for FXCM as its existing subsidiaries such …
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Forex Magnates is excited to announce the release of our Q1 Forex Industry Report. The newly published report is 180 pages of analysis covering the institutional and retail FX market. The report begins with the widely popular Retail Forex Volume …
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