FXCM Makes Special Announcement Following GBP Flash Crash
October 07 2016 - 10:15AM
Financial Position Remains Solid
FXCM Inc. (NASDAQ:FXCM) ("FXCM" or "the Company"), a leading
online provider of foreign exchange (FX) trading and related
services, announced that FXCM’s systems and operations functioned
without material adversity during the GBP Flash Crash. FXCM's risk
committee will continue to closely monitor market movements.
About Us: FXCM
Inc. (NASDAQ:FXCM) is a publicly traded company which
owns 50.1% of FXCM Group, LLC (FXCM Group).
FXCM Group is a holding company of Forex
Capital Markets LLC, (FXCM US), Forex Capital
Markets Limited, inclusive of all EU branches (FXCM
UK), FXCM Australia Pty. Limited, (FXCM
AU), and all affiliates of aforementioned firms, or other
firms under the FXCM group of companies (collectively “FXCM”). FXCM
Group is owned and operated by FXCM
Inc. (NASDAQ:FXCM) and Leucadia National Corporation
(NYSE:LUK). Leucadia National Corporation is a multi-billion dollar
diversified holding company engaged through its consolidated
subsidiaries in a variety of businesses.
FXCM is a leading provider of online
foreign exchange (FX) trading, CFD trading, spread betting and
related services. The company's mission is to provide global
traders with access to the world's largest and most liquid market
by offering innovative trading tools, hiring excellent trading
educators, meeting strict financial standards and striving for the
best online trading experience in the market. Clients have the
advantage of mobile trading, one-click order execution and trading
from real-time charts. In addition, FXCM offers educational courses
on FX trading and provides trading tools, proprietary data and
premium
resources. FXCM Pro provides retail
brokers, small hedge funds and emerging market banks access to
wholesale execution and liquidity, while providing high and medium
frequency funds access to prime brokerage services via FXCM Prime.
Trading foreign exchange and CFDs on margin carries a high level of
risk, which may result in losses that could exceed your deposits,
therefore may not be suitable for all investors. Read
full disclaimer.
Contacts
Jaclyn Sales, 646-432-2463
Vice-President, Corporate Communications and Investor Relations
jsales@fxcm.com
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