FXCM Raises 1 Million in First U.S. Online Trading IPO Since May 2007
FXCM Inc. , which provides currency trading on the Internet for individual investors, raised $ 211 million selling its initial public offering at the midpoint of the forecast price range.
FXCM Seeks 6 Million in First Online Trading IPO Since 2007
FXCM Inc. , which provides currency trading on the Internet for individual investors, is seeking to raise $ 226 million today in the first U.S. initial public offering for an online trading platform since 2007.
Currency Derivatives Market Values Double Since `07 Amid Turmoil, BIS Says
The value of currency derivatives worldwide doubled in the past three years to $ 3.2 trillion amid the “turbulence†of the credit crisis, according to the Bank for International Settlements.