FXCM Closes Sale of DailyFX to IG Group, Close to 50% Repayment to Leucadia

[kreslik.news]

FXCM, an online provider of foreign exchange trading and related services, announced today that it has closed on its sale of DailyFX, its news and research portal, to IG Group, a provider of online trading, for a total of $40 million.

The deal, which was announced in September, came as a surprise to the industry at the time, as FXCM had not included the online trading news portal on its list of assets for sale after the Leucadia bailout which the company was forced to take in the aftermath of the SNB crisis.
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We have made another positive step towards completing our goal of ... (read more)