Replies to post #17972 on Global Brokerage Inc. (GLBR)

[Alperburcin9988]

This is exactly what´s happen. And some FX Investors went to a negative cash Balance account. However most of the overall writeoff/loss is non cash and non operational, and has nothing to do with FXCM’s operations

A good part of FXCM’s 1H loss is real, in the form of negative client balances. FXCM was fairly balanced and hedged on paper on January 15. However the clients (and liquidity providers) which won big when the Swiss Franc spiked 20% that day had to be paid, while the ‘balancing’ gains FXCM made from clients which were on the wrong side of the CHF could not be collected

[Crusen]

Lol. You are not understanding. It had nothing to do with stop losses. Keep trying.


In the meantime, this is so not a fifteen dollar stock anymore. Obviously.