FXCM’s Lucid Markets Reports Profits in Final Year of Business

[kreslik.news]

Lucid Markets, an electronic trading firm, released its financial reports for the last fiscal year this Friday. The firm, which is majority-owned by FXCM, reported a small profit in 2017 after bleeding cash for the past several years.

Today’s report also noted that the firm will be ceasing its operations in the near future. The company had stated this in a strategic report in January of this year and today stated it is in the process of selling its exchange memberships.

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It is perhaps as a result of this winding down ... (read more)