Jefferies’ Stratos introduces new multi-asset trading platform Tradu
Tradu is part of Stratos Group International, LLC, a wholly owned subsidiary of Jefferies Financial Group Inc (NYSE:JEF).
Tradu is part of Stratos Group International, LLC, a wholly owned subsidiary of Jefferies Financial Group Inc (NYSE:JEF).
As a result of the foreclosure, Jefferies now owns 100% of the outstanding interests of FXCM; and FXCM has become a consolidated subsidiary.
Jefferies currently intends to seek to lift the automatic stay in the bankruptcy proceeding and to enforce its rights under the term loan.
Jefferies Financial Group announces that its shareholders overwhelmingly approved its Amended and Restated Certificate of Incorporation.
SMBC plans to raise its economic ownership in Jefferies to up to 15% on an as converted and fully diluted basis.
Jefferies has a senior secured term loan to FXCM due May 6, 2023, as well as equity interests in FXCM of $46.7 million.
In the fourth quarter of 2022, Jefferies had a triggering event to test its investment in FXCM for impairment.
Jefferies announces completion of merger of Jefferies Group LLC with and into Jefferies Financial Group Inc.
The report outlines, inter alia, Jefferies’ involvement with provider of online Forex trading services FXCM Group, LLC (FXCM).
The CFTC has imposed a total penalty exceeding $710 million on 11 major banks, including Citi, Bank of America and Goldman Sachs.