It seems that FXCM’s top executives are redrawing their contracts to make sure they are well compensated in the event they are ousted or the company is broken up.

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The group’s Chief Operating Officer, David Sakhai, has extended his employment agreement with the company, for a compensation of $2.1 million, until May 2022, according to filings with the US Securities and Exchange Commission dated May 18.

David has signed amended contracts granting him a larger payout if his employment is terminated. More specifically, Mr. Sakhai ... (read more)