FXCM Client Accounts Secure Raises $300 Million in Capital
FXCM previously announced that due to unprecedented volatility in the EUR/CHF pair after the Swiss National Bank announcement of January 15, 2015, clients experienced significant losses and generated negative equity balances owed to FXCM.
To ensure the full financial stability of ALL client accounts, and FXCM, TODAY we have announced that Leucadia National Corporation will provide $300 Million in financing capital to FXCM Holdings LLC.
Normal trading and operations will continue for all of its customers.
The net proceeds will be used to replace capital in FXCM regulated entities.
FXCM will continue to be one of the largest forex brokers globally.
With the investment of the new capital, the Company has returned the regulatory capital it maintained prior to the losses client suffered as a result of the historic movement of the Swiss Franc early Thursday morning.
The company is in compliance with all the regulatory capital requirements in all of its jurisdictions.
FXCM Headquartered at
55 Water St., 50th Floor
New York, NY 10041