FXCM said it is “actively discussing alternatives” to restore its capital levels, but didn’t give any specifics about those talks.
Investment bank Jefferies Group is in conversations with FXCM over a $200 million rescue, according to Bloomberg News.
Neither FXCM nor Jefferies, which is owned by Leucadia National (LUK), responded to requests for comment. FXCM’s regulator, the Commodity Futures Trading Commission, was not immediately available for a comment.
–
Factset: FactSet Research Systems Inc. 2015. All rights reserved.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
