MaxxTrader supplements FXCM’s existing liquidity and execution solutions, in areas such as bank and non-bank liquidity customisation.
Global Brokerage, formerly known as FXCM Inc, reports stockholders deficit of $203 million at the end of Q1 2022.
The Court requires additional time to complete its ruling on the pending motion to vacate dismissal in an Effex lawsuit against NFA.
Crossover Markets founders Brandon Mulvihill and Anthony Mazzarese, were long-term senior employees at FXCM and then Jefferies.
Jefferies Financial Group estimates its maximum exposure to loss as a result of its involvement with FXCM at $99.4 million.
CFD Prime brings the netting, rollover fee, and margin benefits enjoyed in the FX market to those trading CFD products.
Michel Chabbouh left FXCM late last year after eight years, serving most recently as Regional Manager MENA for FXCM.
NFA insists that it cannot be sued by Effex directly in federal district court, as ruled by the Seventh Circuit.
At the end of November 2021, Jefferies had its maximum exposure to loss as a result of its involvement with FXCM limited to $99.5 million.
The United States National Futures Association (NFA) will have to respond to Effex Capital in a defamation lawsuit by February 9th.