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  1. #1
    Legendry Member Michael Hodges's Avatar

    FXCM Goes Under!!! !!!

    Wow! I just saw a report that said FXCM could be going under because of capital requirements linked to moves associated with the Swiss bank decision yesterday. this is crazy! That was a ridiculous thing they did, the Swiss bank, and hurt a lot of people. I know they needed too to save themselves but the whole scenario was imbalanced from the beginning of the franc ceiling.

  2. #2
    Legendry Member Michael Hodges's Avatar
    The stock is not trading on the NYSE, reports say that traders owe the broker a lot of money and that it is perhaps in process of margin calls and etc ...more as I hear it.

  3. #3
    Administrator Martin Kay's Avatar
    FXCM received a loan to keep in business. Alpari on the other hand, went down.
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  4. #4
    Legendry Member Michael Hodges's Avatar
    Yeah, I saw the loan deal but never heard if it went through...

  5. #5
    Legendry Member willyw's Avatar
    I think the deal went thru for FXCM to get the loan. There are news that they consider using the loan to buy Alpari

  6. #6
    Master Member Bogdan G's Avatar
    Yep, they needed about 225 million, got a loan for 300 and there's talk about FXCM buing Alpari
    Just rumor at the moment
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

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