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Faros Trading
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Prime Brokerage
Jeffries Acquires FXCM Inc Institutional Unit Faros Trading
2015-04-09T15:05:53.000+02:00
The deal was closed for an undisclosed sum, as FXCM made an initial payment of $5 mln back in 2013 with a price cap of $15.6 mln
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Victor Golovtchenko
Brokers
Reviewing FXCM's Q3 Financials and Business Trends
2013-11-19T16:38:26.000+02:00
Like in the past, today we are taking a closer look at FXCM’s Q3 2013 financials following the release of their SEC filed 10Q and earnings conference call. Issued earlier this month, FXCM reported a loss of $5.12 million.
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Ron Finberg
Brokers
Faros M&A Details Announced As FXCM Reports Q3 Results
2013-11-12T16:48:06.000+02:00
According to FXCM's SEC quarterly report, the company provided an initial cash payment of $5 million and a follow-on payment to be made in 2015 will cloud bring the total purchase price to $15.6 million.
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Avi Mizrahi
Technology
FXCM Announces Issuance Of $12M Note To Infinium - Is Takeover On The Cards?
2013-10-08T15:06:47.000+02:00
FXCM has today announced that it has issued high frequency trading firm Infinium Capital Holdings with a $12 million note which matures in August 2015 following interest in acquiring the company.
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Brokers
FXCM Aqcuires Controlling Stake In FX Intelligence Firm Faros Trading LLC
2013-09-23T14:50:55.000+02:00
FXCM has announced that it has acquired a 50.1% interest in FX intelligence, market coverage, and institutional FX execution services provider Faros Trading LLC, demonstrating an increasing focus on acquisitions.
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