Breaking: Kenneth Grossman Succeeds Drew Niv as CEO of Global Brokerage

[kreslik.news]

Global Brokerage Inc, the publicly traded company that owns 37.3 percent of FXCM Group LLC, has announced that it is appointing Kenneth Grossman as CEO. As was widely expected in the aftermath of the settlement between Forex Capital Markets LLC and the US CFTC, Drew Niv has resigned from the position of interim CEO.

The board of directors of Global Brokerage Inc has chosen an internal candidate to take the helm. Grossman sat on the board of the firm from 1999 to 2010. He was one of the founding partners of the company and served as director after taking several senior ... (read more)