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Why FXCM Will See Selling Pressure With Removal From S&P SmallCap 600
Wednesday, June 24, 2015 - 9:57am | 281After the close on June 30, FXCM Inc (NYSE: FXCM) will be removed from the S&P SmallCap 600 Index. Keefe, Bruyette & Woods estimated in a research note on Wednesday that the move would result in selling pressure of 2.2 million shares by S&P 600 index funds. Given a daily trading...