Effex Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

Global Brokerage, Drew Niv stand by motion for summary judgment in investor lawsuit

Global Brokerage Inc, formerly known as FXCM Inc, Drew Niv and William Ahdout seek to defend their motion for summary judgment.

Effex Capital, which was embroiled in FXCM’s exit from the US retail Forex market, seeks to reopen case against NFA.

Investors in FXCM Inc insist that they have proven that the broker made misleading statements about its NDD model.