Examples of FXCM Group in a sentence
Responsible for organisaing training on PMDS, including refresher training.
Between 1 August 2006 and 17 December 2010, FXCM Group retained USD $6,725,106 as profits from positive price improvements in 2,214,053 trades by customers of FXCM Ltd while negative price movements were passed on to customers.
Being that FXCM Inc., the ultimate parent of the FXCM Group, is a US based company and collateral for clients are posted in USD, it is in the interest of the Group to favour US dollars as the primary currency.Currency excess is determined by subtracting the customer liability and payables from the current bank balances.
Lande – Chairman Mr. Lande is the President of FXCM Group LLC, an online brokerage firm offering trading in foreign exchange, equity indices and commodities.
If you ask the Dealer, they will tell you (in good time before the agreement is made) the amount of commission they will earn from the lender.
This handling of price movements was inherently unfair to customers and allowed FXCM Group to retain USD $9,828,677 from positive price movements.
FXCM Group would send an offsetting order to one of its liquidity providers.
Limit orders placed by customers were also treated asymmetrically because positive price movements were retained by the FXCM Group whereas negative price movements resulted in the customer losing the opportunity to have the order executed.
FXCM’s common stock was traded on the NYSE under the ticker symbol “FXCM,” until September 25, 2016, when its securities began to trade on the NASDAQ under the symbol “FXCM.” On February 27, 2017, the Company adopted the ticker symbol “GLBR.” FXCM maintains a holding company that owns a 50.1% interest in FXCM Group, LLC (the “Group”).
In relation to rolling spot forex trades its customers were subject to “asymmetric price slippage” in that if in the time between a customer’s order being placed by FXCM Ltd and execution of that order the price moved the FXCM Group would pass on any resulting loss to the customer but retain any benefit for itself.