Tranche Update on FXCM Inc.'s Equity Buyback Plan announced on May 17, 2011.
November 08, 2016 at 02:57 pm EST
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From July 1, 2016 to September 30, 2016, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 5,131,519 shares, for $64.09 million under the buyback announced on May 17, 2011.
Global brokerage, Inc., formerly FXCM Inc. (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% of FXCM Group, LLC (FXCM Group). FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty. Limited, (FXCM AU). The Company focuses on providing global traders with access to market by offering trading tools, hiring trading educators. In addition, FXCM offers educational courses on FX trading and provides trading tools data and resources. FXCM Pro provides retail brokers, small hedge funds and market banks access to wholesale execution and liquidity, as well as providing high and medium frequency funds access to prime brokerage services through FXCM Prime.