Post Tagged with: "FXCM"
FXCM IPO Successfully Completed – Worth $1 Billion
FXCM was indeed completed late on Wednesday in New York – one FXCM share is was priced at $14, the midpoint between the $13-$15 dollar range. All in all, the US broker raised almost $211 million before expenses. The FXCM stock will begin trading on Wall Street from December 2nd under the obvious symbol FXCM,
FXCM IPO May Happen Today – Net Income Expected $197 Million
The IPO of FXCM might happen today, December 1st after all. There have been contradictory reports on different news sites – some say it will happen today, and some tomorrow. The latest report by Globesfrom 13:00 GMT today, says that the IPO will happen today, and that FXCM will receive a net income of 197.1
FXCM IPO Will Boost Forex, Price Reasonable
The IPO of FXCM will probably be held on Thursday, December 2nd, and the general notion about it is good. Towards the IPO, we hear voices that see the FXCM IPO as a good thing
FXCM IPO Scheduled
The Initial Public Offering of forex broker FXCM has been somewhat delayed. The prospectus was made public already on November 15th, and it was expected to happen until the end of the month. Well, it won’t happen until the end of the month, but not much later. TheStreet reports that the FXCM IPO will happen
Forex.com IPO – Valued at $535 Million
Michael Greenberg reports that Gain Capital, the holder of the very lucrative forex.com domain, values itself at $535 post money. There isn’t a date set for this initial public offering. Greenberg notes that Gain’s IPO is very dependent on a bigger offering in the industry – FXCM IPO, which should happen soon, even on Friday,
Forex Crunches for the Weekend November 20
Yet another turbulent week has ended in forex. The market is now closed, and we can sit back and enjoy some long term forex related articles. Here are my picks. Enjoy! Kathy Lien analyzes what could happen in forex if China indeed raise the rates. This can happen as early as this weekend. Adam Kritzer
FXCM Worth $1 Billion?
We’ll soon get an answer to the question above. FXCM filed for an IPO in New York’s stock exchange, for a value of $975 million to 1.1 billion dollars. When the stock will start trading, it may serve as an interesting barometer for the forex industry. The prospectus towards the offering of stocks already reveals
CFTC Assuming Babysitter Role
Regulating US forex brokers is one thing. But preventing traders from opening offshore accounts is already another thing. This is already significant “baby-sitting” and over “protection” opinion. Some brokers are already bringing clients back home. Will US traders be blocked from opening accounts with offshore brokers? The talk about the new CFTC rules created a
Forex Crunches for the Weekend – September 11
After a week in which old fears became news once again, the markets are closed now. It’s time to relax and enjoy some long-term reads. Here are my picks from favorite sites on the web. Adam Kritzer has an interesting insight on the new CFTC rules. Larry Greenberg looks into seasonality in currencies and finds
Forex Leverage Limit 50:1 – Will US Traders Run Away?
It took the CFTC a lot of time, but they finally finalized their ruling for forex: leverage will be limited to 50:1 on major currencies, and 20:1 on minors. The pressure against the initial 10:1 proposal worked, but the industry will still change. American traders: Will you stay with your American broker? In January, the