FXCM is going from strength to strength: Just look at the massive share price increase! 34% increase and rising!

All of those who showed dissent a year ago when the Swiss National Bank removed the 1.20 peg on the EURCHF pair and exposed many firms to negative client balances and were quick to level their views at FXCM Inc (NYSE:FXCM) were, as FinanceFeeds has maintained, far too hasty in their judgement. Astute leadership has […]

fxcm

All of those who showed dissent a year ago when the Swiss National Bank removed the 1.20 peg on the EURCHF pair and exposed many firms to negative client balances and were quick to level their views at FXCM Inc (NYSE:FXCM) were, as FinanceFeeds has maintained, far too hasty in their judgement.

Astute leadership has ensured that FXCM’s commercial operations has remained identical to one year previous, and investor confidence in the company is at a very high point indeed.

Today, shares in FXCM rose an incredible 34% during the course of the day and is continuing to increase.

This is testimony to FXCM’s standing as one of North America’s most effective companies.

Indeed, post reverse stock split, FXCM’s shares were trading at approximately $9.10 per share last week, and today are up to a remarkable $15.51 as of 3.00pm GMT and are continually appreciating.

It is certainly clear that FXCM is entering 2016 on a very positive note indeed.

Capture

 

Chart courtesy of Google Finance, Photography at FXCM global headquarters in New York copyright Andrew Saks-McLeod

Read this next

Education, Fintech, Inside View

How to Get Into Fintech: Best Tips to Succeed

The Fintech sector is experiencing significant growth, with fresh opportunities emerging rapidly.  Innovations such as machine learning and cryptocurrency are revolutionising finance, leading to a need for trained experts.

Digital Assets

FalconX launches Prime Connect on Deribit

“We are pleased to launch Prime Connect with Deribit and look forward to providing our full suite of prime services which allow institutions to confidently scale their digital assets portfolios while trading on exchanges.”

Retail FX

Lion launches multi-currency trading accounts powered by AI

The core advantages of multi-currency trading account services include enabling significant cost savings and higher efficiency for investors.

Inside View, Interviews

Interview: Stanislav Bunimovich on Finalto’s white label solution

To explore what makes Finalto’s white-label solutions stand out in such an incredibly competitive market, Finalto sat down with its Chief Operating Officer, Stanislav Bunimovich, for an interview. 

Digital Assets

Talos acquired Cloudwall for a better portfolio management system

Cloudwall’s additional expertise in portfolio risk systems further positions Talos at the forefront of portfolio management systems across spot, futures, perps, and options.

Digital Assets

Bybit’s Bitcoin market share explodes, up by 400%

“This milestone is a testament to our sharp trading products and the loyalty of our users. As the industry evolves, Bybit remains at the forefront, ready to set new standards in the crypto trading world.”

Crypto Insider

Why Self-Custody is the Key to Secure Crypto Trading

Crypto trading is fast gaining popularity; as of writing, the total market capitalization stands at $2.3 trillion, double what it was at the onset of the 2021 bull market.

Industry News

UK FCA sues Lee Steven Maggs for FX scam Kube Trading

‘Kube Trading’ allegedly received around £2.67 million for FX trading and concealed significant losses from investors.

Market News

AUD/USD Soars Following Inflation Report

Australia’s CPI surge hints at prolonged tight monetary policy. Watch the Aussie dollar as US economic data looms.

<