Seeking Alpha

gersegal's  Instablog

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:
My blog:
LeapRate's Forex Industry News
View gersegal's Instablogs on:
  • IG Group and FXCM report results

    IG Group reports Q4 results and FXCM reports May metrics – both showing steady if unspectacular growth

    NEW YORK, NY, June 9, 2011 – LeapRate’s Forex Industry News – IG Group, one of the world’s largest Forex trading firms, reported results this morning for Q4-2011 (the company has a May 31 fiscal year end). And FXCM, the largest US-based Forex firm, reported its trading volumes and other basic metrics for the month of May. Both firms showed things (generally) moving in the right direction, with steady if unspectacular growth.

    The markets reacted positively, with IG Group’s share price up 2% in early London trading (although ending flat by the end of the trading day). FXCM was up 1% in morning NYSE trading.

    For more details including the IG Group and FXCM press releases please see our Forex Industry News section at

    Jun 09 3:38 PM | Link | Comment!
  • The FDIC (and OCC) propose Forex rules – are the big US banks coming?

    Do the US bank regulators’ proposals foretell a move by US banks?

    NEW YORK, NY, June 2, 2011 – LeapRate’s Forex Industry News – A couple of recent and similar moves by two US regulators, the FDIC (or Federal Deposit Insurance Corporation) and the OCC (or Office of the Comptroller of the Currency), went largely unnoticed in the Forex industry, and in our view were somewhat misinterpreted by those who did notice. However, these moves spoke volumes to us about future competition in the Forex business – in particular about the potential entry of several large US banks into the business.

    For more details please see our Forex Industry News section at


    Jun 02 4:55 AM | Link | Comment!
  • Citadel Investment Group takes a significant stake in FXCM
    Here come the hedge funds! Citadel Investment Group takes a significant stake in FXCM.

    LeapRate’s Forex Industry News – FXCM’s share price soared on Friday by 11% following the release of information that several large and influential hedge fund investors had accumulated significant positions in FXCM stock. The largest reported position was a one million share holding in FXCM by Ken Griffin’s Citadel Investment Group, among the largest and most successful hedge funds in the world.

    For more details please see our Forex Industry News section at


    May 31 5:57 PM | Link | 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.