FXCM’s annual report for 2016 shows V4 Markets and V4 Operator on list of subsidiaries.
The broker warns of risks of “default on obligations” and hardships for it being acquired by a third party.
Mr Niv and Mr Ahdout have resigned as directors of Lucid Markets Trading Limited.
FXCM.com, which used to provide link to FXCM Markets to US residents, now offers a link to FXCM UK for more information.
Although the US regulators did not punish all of FXCM’s principals, the ban on the broker has affected at least a dozen of individuals, including Robert Lande and Eduard Yusupov.
How “fast” is ASIC when it comes to updating its regulatory data?
Effective March 10, 2017, Forex Capital Markets LLC is no longer a member of the NFA.
The incremental revenue GAIN expects from FXCM’s transaction for FY2017 is actually based on what Glenn Stevens called a “hybrid model”.
The NFA database shows that Drew Niv and William Ahdout have No Current Status, effective today.
GAIN Capital provided a brief comment on the situation post acquisition of FXCM retail FX accounts in the US.
Regulatory mood swings leave FXCM Markets unscathed.
The website features no mention of Forex Capital Markets LLC either.
“It’s not my burden to put in evidence that regulators sat by idly,” FXCM attorney says.
In a brief SEC filing, Global Brokerage Inc says FXCM LLC completed the disposition of “substantially all of its United States-domiciled customer accounts”.
To secure a smooth transfer, Forex.com has added TradingView charts, extended its Active Trader program to MT4 customers and provided access to third-party services like NinjaTrader.
FXCM Inc, aka Global Brokerage Inc, Class A Common Stock now trades under GLBR ticker on NASDAQ.
FXCM Inc now has a new name and a new logo, with the State of Delaware confirming the change is effective as of February 24, 2017.
“We do not have the power to direct the activities that most significantly impact FXCM’s performance therefore its management may make decisions that are not in our best interest”, says Leucadia.