FXCM Considers Sale Of Non-Core Assets: How Does This Impact Its Valuation?
Summary
•FXCM is considering the sale of non-core assets, which should significantly improve the firm's ability to pay off the Leucadia loan in a timely manner.
•The sale of assets, along with the strategy to pursue client debit balances will stifle FXCM's revenue growth.
•Even with an ability to pay off the loan early, FXCM's stock price upside is limited.