Global Brokerage Applies for Voluntary Delisting from Nasdaq Exchange
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Global Brokerage Applies for Voluntary Delisting from Nasdaq Exchange
Just after the close of markets in the US on Friday, Global Brokerage Inc (NASDAQ:GLBR), formerly known as FXCM Inc, said that it has finally delisted its common shares from the Nasdaq stock market, a move that the company said will reduce costs for regulatory reports and other expenses.
The company has notified NASDAQ of its intention to voluntarily delist and intends to file a Form 25 (Notification of Removal of Listing) with the Securities and Exchange Commission on December 19, 2017. The company expects the last trading day of its shares on NASDAQ will be on December 28, 2017.
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