Seeking Alpha

gersegal's  Instablog

gersegal
Send Message
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
  • Market Likes FXCM's Q4 (And Feb Volumes) – Stock Up 15%! 0 comments
    Mar 14, 2012 1:05 PM | about stocks: FXCM, GCAP, KCG

    FXCM also reported healthy February volumes.

    FXCM logoFXCM, the world's largest retail FX firm (and a member of LeapRate's Approved List of Forex brokerages), reported today its results for the fourth quarter of 2011. Although FXCM had already pre-announced its revenues last week to reassure markets after a disastrous Q4 reported by rival Gain Capital (Forex.com), and had given us Q4 volumes in January, the market was pleasantly surprised by FXCM's full results, sending FXCM stock up about 15% in morning NYSE trading.

    Nothing spectacular in FXCM's financial results (see charts below), but after being spooked by Gain Capital's Q4 results last week, it seems as though the market was pleasantly surprised by FXCM's solid quarter, and the lack of negative surprises.

    For more details see LeapRate's Forex Industry News at leaprate.com.

    Is your Forex firm LeapRate Approved b
Back To gersegal's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.