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CMC Markets Analyst On FXCM: The Industry Will Change How It Regulates Leverage
Friday, January 16, 2015 - 5:52pm | 270Speaking to Benzinga, CMC Markets Chief Market Analyst Michael Hewson said that the losses FXCM Inc (NYSE: FXCM) has suffered following the Swiss National Bank’s move will probably cause the forex industry to change how it regulates leverage. “A lot of the damage that’s been...
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Serge Berger On FXCM: 'There's Little You Can Do As A Broker'
Friday, January 16, 2015 - 4:49pm | 232The Steady Trader Head of Investment Strategy Serge Berger told Benzinga the the full picture of the fallout from the move by the Swiss Central Bank will likely not be clear until a few weeks from now, even though some forex brokers have already gone into insolvency. When asked if forex broker...
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Sandler O'Neill Analyst: In Hindsight, FXCM Took On Too Much Risk
Friday, January 16, 2015 - 4:31pm | 265Speaking to Benzinga, Sandler O’Neill & Partners LP Analyst Richard Repetto said that in hindsight, FXCM Inc (NYSE: FXCM) took on too much risk. Shares of FXCM are halted after falling more than 85 percent in pre-market trading. Repetto said that FXCM offers clients leverage, a...