Replies to post #17003 on Global Brokerage Inc. (GLBR)

[light1soldier]

can't give you an exact quote...
I am not sure of FXCM's commision rate...
the citi accounts trade around 30 billion on average a month...
both FXCM and saxo bank are receiving the accounts with the lion share going to FXCM...
I would give a conservative number of 20 to 24 billion in trades that FXCM will receive from the migrated accounts monthly....

commision rates

$0.04 PER 1K EUR/USD - GBP/USD - USD/CHF - AUD/USD
EUR/JPY - GBP/JPY

$0.06 PER 1K
ALL OTHER PAIRS.

also if you browse some of citi's financials you would get some semblance of how much it makes....substantial amount....

what that means regardless is revenue and equity...

the sale to rakuten, a white label sale, revenue and equity...
FXCM moving forward

thanx w