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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

My company:: LeapRate
My blog:: LeapRate's Forex Industry News

FXCM Shares Back Up To IPO Price – Will More Forex IPOs Follow? 0 comments

Mar 12, 2013 10:40 AM | about stocks: KEY, LYG, MCQEF.PK, MNXBF.PK, MNXBY.PK, MS, MSFT, MTU, NTRS, OXPS, PNC, PNSN.PK, RBS, RJF, RY, SAN, SCGLY.PK, SCHW, STT, SWQGF.PK, TD, TRAD, TRI, UBS, USB, WFC

Is this the catalyst for other Forex brokers (Saxo Bank, Alpari, Oanda, FxPro???) looking to go public?
Leading global retail FX broker FXCM, a member of LeapRate's Approved List of regulated FX brokers, hit a major milestone on Monday when its share price on the NYSE rose to exceed its December 2010 IPO price for the first time in about a year and a half.
Since FXCM announced its Q4 results and February volumes last week, FXCM stock has rallied 3% to now sit at $14.07 per share. FXCM went public in December 2010 at $14 per share.
FXCM share price, Dec 2010-present. Source: Google Finance.
How will this affect the rest of the Retail FX brokerage industry? For more details see LeapRate's Forex Industry News at leaprate.com.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

Themes: FXCM, $FXCM, FXCM IPO, share price, Saxo Bank, Alpari, FxPro, Oanda, Forex IPOs, Forex valuations Stocks: KEY, LYG, MCQEF.PK, MNXBF.PK, MNXBY.PK, MS, MSFT, MTU, NTRS, OXPS, PNC, PNSN.PK, RBS, RJF, RY, SAN, SCGLY.PK, SCHW, STT, SWQGF.PK, TD, TRAD, TRI, UBS, USB, WFC

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FXCM Shares Back Up To IPO Price – Will More Forex IPOs Follow? 0 comments

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