Analysis: Is Leucadia Willing to Save FXCM Once Again?

[kreslik.news]

Before last night’s announcement that FXCM is getting the boot from the US foreign exchange market, there were very few people in the industry who believed that things could get much worse for FXCM’s shareholders. The company was affected massively by the Swiss National Bank’s (SNB) decision to remove the floor from the EUR/CHF rate in January 2015 and FXCM’s share price has been in the doldrums ever since.

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After FXCM came on the hook for over $220 million in ... (read more)