My loser pick is FXCM @ 12.63 and here is why>>>>>
Post# of 416
Posted On: 01/18/2015 12:01:50 PM
My loser pick is FXCM @ 12.63 and here is why>>>>>>>>>
New York- January 15, 2015 – FXCM (NYSE:FXCM) an online provider of forex trading and related services worldwide, announced
today due to unprecedented volatility in EUR/CHF pair after the Swiss National Bank announcement this morning, clients experienced
significant losses, generated negative equity balances owed to FXCM of approximately $225 million.
As result of these debit balances, the company may be in breach of some regulatory capital requirements.
We are actively discussing alternatives to return our capital to levels prior to today’s events and discussing the matter with our regulators.
New York- January 15, 2015 – FXCM (NYSE:FXCM) an online provider of forex trading and related services worldwide, announced
today due to unprecedented volatility in EUR/CHF pair after the Swiss National Bank announcement this morning, clients experienced
significant losses, generated negative equity balances owed to FXCM of approximately $225 million.
As result of these debit balances, the company may be in breach of some regulatory capital requirements.
We are actively discussing alternatives to return our capital to levels prior to today’s events and discussing the matter with our regulators.
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