Gerald Segal is a Managing Director at LeapRate, which provides analysis of the Online Forex Trading world. Gerald's reports are a leading source of information on the size, growth and regulation of the Online Forex industry. Prior to founding LeapRate Gerald was an investment banker for 18... More
FXCM reports healthy Q3 results and Oct volumes, shares trade up.
On its Q3 conference call yesterday (more on FXCM's Q3 results below), in response to a question regarding what it plans to do with its growing (now $260 million) cash balance in addition to its $155 million credit line, FXCM confirmed that it is actively pursuing acquisitions, and indeed is currently actively engaged in acquisition discussions with more than one potential target.
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FXCM Confirms It Is Actively Pursuing Acquisitions 0 comments
FXCM reports healthy Q3 results and Oct volumes, shares trade up.
For more details see LeapRate's Forex Industry News at leaprate.com.
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