Shares of FXCM (FXCM -1.2%) surged yesterday after the newly public forex broker was cited as...

|About: FXCM Inc. (FXCM)|By:, SA News Editor

Shares of FXCM (FXCM -1.2%) surged yesterday after the newly public forex broker was cited as one of seven possible takeover targets in a Seeking Alpha blog. But such speculation seems misguided, Citi analyst William Katz says: "At this point, we do not see FXCM as a likely seller, but rather a consolidator as the industry further shakes out."