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Sunday, May 24, 2015 7:42:21 PM
Settlement for manipulation misconduct??? Karma???? Who knows. Oh boy, next week will be fun. FXCM to da moon$$$$$$$$$
Item 8.01 Other Events.
On May 21, 2015, FXCM Inc. (“FXCM”) announced that, on May 19, 2015, its U.S. subsidiary, Forex Capital Markets LLC, and U.K subsidiary, Forex Capital Markets Limited, agreed to assume the vast majority of margin forex accounts of CitiFX Pro from Citibank N.A. and Citibank International Limited, which traded over $30 billion on average a month during 2014.
After the close of trading on Friday, June 26, 2015, accepted CitiFX Pro accounts will be transferred to the corresponding FXCM entity. CitiFX Pro clients will be transitioned to FXCM’s comparable trading solutions and parameters either on Trading Station, the MT4 Platform, or APIs according to their current settings and needs.
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