Global Brokerage Inc. (GLBR)

[Green2013]

I specially enjoyed this City ducking up statement

.....Citi Issues a Response

In an exclusive statement to Finance Magnates, Citi has confirmed its “strategic decision” to sell its Margin FX business, including the CitiFX Pro and TradeStream offerings, to FXCM and Saxo Bank.

“We believe this transaction is in the best interest of Citi’s Margin FX clients, who will experience a seamless transition to seasoned online retail specialists that can skillfully service their needs,” they added. The sale is expected to be completed in the second quarter......