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Fintech Focus For November 17, 2020
Monday, November 16, 2020 - 7:48pm | 2009Read More...Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...
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Fintech Focus For August 19, 2020
Tuesday, August 18, 2020 - 5:39pm | 1972Read More...Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...
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Fintech Focus For August 11, 2020
Monday, August 10, 2020 - 6:14pm | 2346Read More...Daily Perspective: The definition of market prices is whatever the Fed says it will be. - Minerd Fintech Movers: The Federal Reserve recently announced the FedNow Service, which it said will be rolled out in a phased approach, with a target service date of 2023 or 2024. - Benzinga Coinbase hires...
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Fintech Focus For July 10, 2020
Friday, July 10, 2020 - 8:57am | 1814Read More...Daily Perspective: The market is not the economy. - Mike Loewengart Fintech Movers: The digital lending platform market was estimated at $4 billion in 2018. This number is expected to grow at a compounded annual growth rate of over 20% in the next 5 years, putting it at an estimated $17 billion by...
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TradingView Integrates FXCM Broker Trading Capabilities
Tuesday, February 18, 2020 - 12:21pm | 194Read More...TradingView, the largest online social networking and data analysis tool for financial markets, formally announced the integration of FXCM Group, LLC, a provider of online foreign exchange and CFD trading capabilities. Founded in 2011, TradingView is one of the 300 largest websites in the world,...
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FXCM Falls 15% Following Release Of Trading Metrics
Wednesday, January 13, 2016 - 11:34am | 268Read More...Shares of FXCM Inc (NYSE: FXCM) plummeted by more than 14 percent Wednesday morning after the company released disappointing trading metrics. FXCM reported its retail customer trading volume of $323 billion was 8 percent higher than November's volume, but 9 percent lower than December 2014...
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FXCM Continues Free Fall After CEO, Sterne Agee CRT Comments
Thursday, December 31, 2015 - 11:26am | 164Read More...Shares of FXCM Inc (NYSE: FXCM) continued to sell off on Thursday and were lower by 5.03 percent at $17.55 shortly after the opening bell. Shares of FXCM traded above $24 per share on Wednesday. Shares began to move lower after the company's CEO Drew Niv told Benzinga in an email that...
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EXCLUSIVE: Sterne Agee CRT Says It'd Be Hard To Value FXCM Over $5; CEO 'Can't Explain' Stock Increase
Wednesday, December 30, 2015 - 12:50pm | 423Read More...Shares of FXCM Inc (NYSE: FXCM) have had quite a run-up this week. After trading under $10 for the better part of the last six months, the stock has ripped to over $21 since December 28. "The stock, which has a moderate but not overly high 8 percent of its float short, last hit the $15...
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What's Happening At FXCM?
Monday, December 28, 2015 - 11:41am | 185Read More...FXCM Inc (NYSE: FXCM) stock tripled between December 11 and December 28. On Monday, shares rose as high as 40 percent from the previous week's close. The stock, which has a moderate but not overly high 8 percent of its float short, last hit the $15 range in June (by split-adjusted prices...
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Cybersecurity Sector Mixed Following FXCM Cyberattack
Thursday, October 1, 2015 - 10:09am | 593Read More...FXCM Inc (NYSE: FXCM) disclosed it was a victim of a criminal cybersecurity hack. FXCM's stock plummeted nearly 8 percent during Thursday's morning session. Cybersecurity names were mixed following FXCM's disclosure. FXCM, an online provider of foreign exchange trading and...
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FXCM Shares Up Huge Following Options Purchase
Tuesday, May 26, 2015 - 12:00pm | 347Read More...Shares of FXCM Inc (NYSE: FXCM) gained more than 30 percent at one point in early Tuesday trading following the purchase of August $1.50 calls. More than 1,465 August $1.50 calls have traded, more than 1.5 times the open interest of 873. Conversely, zero August $1.50 puts have traded versus an...
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Barclays Says FXCM 'Upside Limited'
Tuesday, May 12, 2015 - 1:27pm | 279Read More...Barclays analysts said that FXCM Inc (NYSE: FXCM) is "moving through a tough period, but upside limited" in a new note following the company's Q1 earnings. The continued overhang of the SNB's January decision and tough terms of a Leucadia National Corp. (NYSE: LUK) bailout...
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Shares Of FXCM Rise As William Blair Reports Stake
Thursday, February 5, 2015 - 11:05am | 87Read More...Shares of FXCM Inc (NYSE: FXCM) were trading higher by more than 4 percent Thursday morning after William Blair & Company disclosed it has taken a stake in the firm. According to a Schedule 13G filing, which was released on Wednesday, William Blair acquired just over 5.5 million shares of FXCM...
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Morningstar Analyst Sees Charles Schwab-FXCM Buyout As 'Revenue Diversifying,' But 'Counter To Charles Schwab Image'
Friday, January 23, 2015 - 3:34pm | 315Read More...Speaking to Benzinga, Morningstar Analyst Michael Wong said that a Charles Schwab Corp (NYSE: SCHW) buyout of FXCM Inc (NYSE: FXCM) would be “revenue diversifying,” but quickly added that it would be a bit outside of Charles Schwab’s character. “Charles Schwab recently...
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Former GFT Manager Of Global Risk Says Charles Schwab-FXCM Buyout Rumor 'Absolutely Makes Sense'
Friday, January 23, 2015 - 1:02pm | 169Read More...Speaking to Benzinga, Former GFT Manager of Global Risk Jeff Wilkins said that a rumored $5.25 per share buyout of FXCM Inc (NYSE: FXCM) by Charles Schwab Corp (NYSE: SCHW) “absolutely makes sense.” Wilkins is currently with ThinkLiquidity, a firm that provides software to help...
