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FXCM Inc (FXCM) [hlAlert]

down 89.86 %

FXCM Inc (FXCM) rated Buy with price target $11 by BGB Securities

Posted on: Wednesday,  Oct 17, 2012  8:25 AM ET by BGB Securities

BGB Securities rated Buy FXCM Inc (NYSE: FXCM) on 10/17/2012, when the stock price was $9.08. Since
then, FXCM Inc has lost 89.87% as of 01/13/2016's recent price of $0.92.
If you would have followed this BGB Securities's recommendation on FXCM, you would have lost 89.86% of your investment in 1183 days.

FXCM Inc. is a holding company. The Company?s sole asset is a controlling interest in FXCM Holdings, LLC. The Company is an online provider of foreign exchange (FX), trading and related services to approximately 136,000 active retail and institutional customers globally. It offers its customers access to over-the-counter (OTC), FX markets through its technology platform. It operates its business through two segments: retail trading and institutional trading. During the year ended December 31, 2010, the Company?s retail trading segment accounted for 88% of its revenue. The Company?s institutional trading segment, FXCM Pro, offers FX trading services to banks, hedge funds and other institutional customers on an agency model basis and accounted for 8% of its revenues during 2010. In October 2011, it announced that its subsidiary, FXCM Japan Securities Co., Ltd, acquired Japanese FX broker Foreland Forex Co., Ltd. (Foreland).

BGB Securities
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2012 8:25 AM Buy
9.08 11.00
as of 12/31/2012
1 Week up  2.65 %
1 Month up  0.59 %
3 Months up  10.90 %
1 YTD up  10.90 %

(*) Stock Price at the time of the recommendation.
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