FXCM soars post-earnings

• The company beat Q4 earnings estimates, but all this happened before the Swiss-franc related blowup.
• February 2015 metrics: Retail customer volume of $267B down 41% from January, down 12% Y/Y. Institutional customer trading volume of $162B down 36% from January, flat Y/Y.
• FXCM (FXCM +21.6%) says it's paid $12M of its $300M bailout from Jefferies, pretty much in line with what Jefferies had led investors to believe (about $75M paid back my mid-April).
• Citi's William Katz maintains his Sell rating and $0.75 price target, saying the value of the equity is "effectively zero."
• Previously: FXCM beats by $0.03, misses on revenue (March 12)