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Last $2.08 USD
Change Today -0.03 / -1.42%
Volume 1.3M
FXCM On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

fxcm inc-a (FXCM) Snapshot

Open
$2.10
Previous Close
$2.11
Day High
$2.11
Day Low
$2.08
52 Week High
10/17/14 - $17.44
52 Week Low
01/20/15 - $1.28
Market Cap
105.5M
Average Volume 10 Days
1.2M
EPS TTM
$0.35
Shares Outstanding
50.7M
EX-Date
12/17/14
P/E TM
6.0x
Dividend
$0.24
Dividend Yield
11.54%
Current Stock Chart for FXCM INC-A (FXCM)

fxcm inc-a (FXCM) Related Businessweek News

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fxcm inc-a (FXCM) Details

FXCM Inc., through its subsidiaries, provides online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company operates in two segments, Retail Trading and Institutional Trading. It acts as an agent between retail customers and a collection of global banks and financial institutions by making foreign currency markets for customers trading in foreign exchange spot markets. The company offers spot FX trading in approximately 59 currency pairs; enables non-U.S. customers to trade contract for differences that include contracts for metals, fixed income, energy, and stock indices; and provides spread betting trading to the United Kingdom customers. It also offers equity and equity option trading for customers outside of the United States to trade equity and options on the United Kingdom, continental Europe, and the United States markets. The company offers its customers access to over-the-counter FX markets through its proprietary technology platform. FXCM Inc. was incorporated in 2010 and is headquartered in New York, New York.

850 Employees
Last Reported Date: 03/16/15
Founded in 2010

fxcm inc-a (FXCM) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $800.0K
Chief Financial Officer
Total Annual Compensation: $955.0K
Chief Operating Officer and Director
Total Annual Compensation: $800.0K
Chief Dealer, Managing Director and Director
Total Annual Compensation: $800.0K
Global Head of Dealing, Managing Director and...
Total Annual Compensation: $800.0K
Compensation as of Fiscal Year 2013.

fxcm inc-a (FXCM) Key Developments

FXCM Inc. Repays Additional $54 Million of Leucadia National Corp. Loan

FXCM Inc. repaid an additional $54 million outstanding under its credit agreement with Leucadia National Corp. The payment was funded in part with proceeds from the sale of FXCM Japan. FXCM has now repaid $66 million under the credit agreement, and as of April 1, FXCM's outstanding Leucadia loan balance is $244 million. By repaying more than $60 million before April 16, FXCM has avoided a contingent financing fee of $30 million.

Fxcm Inc. Reports Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Operating Metrics for the Month of February 2015

FXCM Inc. reported unaudited consolidated earnings and operating results for the fourth quarter and full year ended December 31, 2014. For the quarter, on U.S. GAAP basis, the company reported revenues of $134.7 million, compared to $113.3 million for the quarter ended December 31, 2013, an increase of 19%. Net income attributable to FXCM Inc. was $15.8 million or $0.35 per fully diluted share, compared to $3.0 million or $0.08 per fully diluted share for the fourth quarter 2013. Adjusted EBITDA was $40.8 million, compared to $26.8 million for the fourth quarter 2013, an increase of 53%. Net income attributable to FXCM Inc. on an adjusted basis was $16.128 million or $0.20 per fully diluted, fully exchanged share compared to $7.315 million or $0.10 per fully diluted, fully exchanged share for the fourth quarter 2013, an increase of 120% and 100% respectively. Total operating income was $30.013 million against $8.349 million a year ago. Income before income taxes was $26.550 million against $5.628 million a year ago. On non GAAP basis, total operating income was $27.057 million against $13.804 million a year ago. Income before income taxes was $23.594 million against $11.083 million a year ago. For the year, on U.S. GAAP basis, the company reported revenues were $463.8 million, compared to $489.6 million for the twelve months ended December 31, 2013, a decrease of 5%. Net income attributable to FXCM Inc. was $17.2 million or $0.39 per fully diluted share, compared to U.S. GAAP net income of $14.8 million or $0.44 per fully diluted share for the twelve months ended December 31, 2013, an increase of 16% and decrease of 11% respectively. Adjusted EBITDA was $107.3 million, compared to $158.0 million for the twelve months ended December 31, 2013, a decrease of 32%. Net income attributable to FXCM Inc. on an adjusted basis was $28.2 million or $0.35 per fully diluted, fully exchanged share compared to $57.8 million or $0.76 per fully diluted, fully exchanged share for the twelve months ended December 31, 2013, a decrease of 51% and 54% respectively. Total operating income was $39.142 million against $60.285 million a year ago. Income before income taxes was $25.648 million against $51.860 million a year ago. On non GAAP basis, total operating income was $54.726 million against $108.476 million a year ago. Income before income taxes was $41.232 million against $100.051 million a year ago. The company reported operating metrics for the month of February 2015. For the month, Retail customer trading volume was $267 billion in February 2015, 41% lower than January 2015 and 12% lower than February 2014. Average retail customer trading volume per day of $13.3 billion in February 2015, 38% lower than January 2015 and 13% lower than February 2014. An average of 513,931 retail client trades per day in February 2015, 22% lower than January 2015 and 28% higher than February 2014. Tradeable accounts of 222,719 as of February 28, 2015, a decrease of 360, or 0.2%, from January 2015, and an increase of 31,997 or 17%, from February 2014. Institutional customer trading volume was $162 billion in February 2015, 36% lower than January 2015 and unchanged from February 2014. Average institutional trading volume per day was $8.1 billion in February 2015, 33% lower than January 2015 and unchanged from February 2014. An average of 31,242 institutional client trades per day in February 2015, 13% lower than January 2015 and 11% lower than February 2014. For the quarter, the company reported that total trading volume was $1,366 billion against $895 billion a year ago. Total institutional trading volume was $1,056 billion against $515 billion a year ago. Total active accounts were 190,377 against 183,679 a year ago. For the year, the company reported that total trading volume was $4,049 billion against $4,068 billion a year ago. Total institutional trading volume was $3,079 billion against $2,022 billion a year ago. Total active accounts were 190,377 against 183,679 a year ago.

FXCM Inc. to Report Q4, 2014 Results on Mar 12, 2015

FXCM Inc. announced that they will report Q4, 2014 results Pre-Market on Mar 12, 2015

 

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Industry Analysis

FXCM

Industry Average

Valuation FXCM Industry Range
Price/Earnings 5.4x
Price/Sales 0.2x
Price/Book 0.4x
Price/Cash Flow 1.5x
TEV/Sales NM Not Meaningful
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