NFA opposes attempt by Effex to revive lawsuit over FXCM ban announcement
NFA insists that it cannot be sued by Effex directly in federal district court, as ruled by the Seventh Circuit.
FXCM News
Jefferies puts maximum loss exposure due to FXCM involvement at $99.5M
Jefferies, Jefferies Financial Group
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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.
Court orders NFA to respond to Effex Capital by Feb 9, 2022
The United States National Futures Association (NFA) will have to respond to Effex Capital in a defamation lawsuit by February 9th.
Global Brokerage, Drew Niv stand by motion for summary judgment in investor lawsuit
Drew Niv, Effex, Global Brokerage, NDD
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Global Brokerage Inc, formerly known as FXCM Inc, Drew Niv and William Ahdout seek to defend their motion for summary judgment.
Effex Capital seeks to reopen defamation case against NFA
Effex, Effex Capital
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Effex Capital, which was embroiled in FXCM’s exit from the US retail Forex market, seeks to reopen case against NFA.
FXCM Inc investors oppose motion for summary judgment
Investors in FXCM Inc insist that they have proven that the broker made misleading statements about its NDD model.
Tesla remains most popular stock CFD at FXCM during October
NASDAQ:TSLA, single stock CFDs
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Tesla has been the top single share instrument for three consecutive months, followed by Apple, Amazon, and Facebook.
DOJ seeks recovery of over $1M from Forex Capital Markets account
Forex Capital Markets, Forex Capital Markets LLC, Maydaisy
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The United States attorneys seek recovery of over $1M from Forex Capital Markets account held in the name of Maydaisy Corporation.
Global Brokerage posts stockholders’ deficit of $183.5M at end of Q3 2021
GLBR, Global Brokerage
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Global Brokerage, formerly known as FXCM Inc, reported its total stockholders’ deficit stood at $183.5 million at the end of Q3 2021.
FXCM Pro focusing on the future: innovation will continue to drive the trading industry in 2022
We catch up with Global Head of FXCM Pro Sales Mario Sanchez about the company’s latest innovative product, CFD Prime.
