Exclusive: FXCM UK acquired by Trade Nation: Revenues $10.8M, Client Cash $110M
No staff are moving from FXCM UK to Trade Nation with the purchase.
No staff are moving from FXCM UK to Trade Nation with the purchase.
Richard Weighell served as Financial Services Advisory Partner at BDO UK.
Lorenzo Naldini was a co-founder of retail online broker ODL Securities, which was acquired by FXCM in 2010 for $55 million.
Constantina Koniali joins FXCM after spending the past five and a half years at Markets.com, as Regulatory Compliance Manager.
Annette Barnes served as CEO of Lloyds Bank Private Banking in 2017-2018, and previously worked as Managing Director at Bank of Scotland.
FXCM UK operator Stratos Markets Limited brought in Revenue of $10.7 million in 2022, versus $12.1 million in 2021.
Forex Capital Markets Limited, the UK subsidiary of the FXCM Group, has changed its name to Stratos Markets Limited.