FXCM Update: Help May Be on the Way

PUBLISHED: Jan 16 2015 @ 10:59 | Comments (0) | More info about Lou Gutheil

Sources that remain as yet unnamed have disclosed that an announcement may be forthcoming that Jeffries, the investment bank, may be willing to come to the rescue of FXCM (NYSE:FXCM). No official announcement has been made yet, but Reuters has reported that Jeffries has expressed interest in lending a helping hand to the tune of $200 million.

More news as it happens.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.