Tag: Global Brokerage

Global Brokerage

FXCM Steps Further Away from Global Brokerage

The management agreement between FXCM and Global Brokerage – the firm that rose from the ashes of FXCM’s US operation when it was banned earlier this year, has been formally ended.
In an announcement, the firms say the termination was mutually agreed by the two parties and “reflects the continuing separation of FXCM from Global Brokerage”.
Following the banning for concealing its relationship with its number one liquidity provider, FXCM sold most of its customer accounts in the US to Gain Capital and re-branded.