(Reuters) - Leucadia National Corp (>> Leucadia National Corp.) will give $300 million to retail foreign exchange broker FXCM Inc (>> FXCM Inc) to meet regulatory capital requirements, the two companies said on Friday.
The move comes after FXCM lost $225 million due to the surging Swiss franc, caused by the scrapping of a three-year-old cap on the value of the franc against the euro by the Swiss National Bank on Thursday.
The investment is in the form of a $300 million senior secured term loan, the companies said.
Leucadia owns investment bank Jefferies.
(Reporting by Avik Das in Bengaluru; Editing by Sriraj Kalluvila)