Forex Capital Markets Announces 56 Layoffs At Plano Office Following Deal With Regulators

Forex Capital Markets Dallas

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Our voice execution desk helps clients navigate today’s volatile markets by providing market insight and analysis of trade flows across asset classes. Our platform provides a full set of tools that allow clients to work with multiple asset classes and currencies in a single consolidated account. Our clearing professionals complement this with a range of services, including consulting, risk management and securities lending. We are regulated and have offices in a number of global jurisdictions including the United States, the United Kingdom, Hong Kong, France, Italy, Germany, Greece, Australia and Japan. With offices, partners and affiliates in the world’s major financial centers, we are uniquely positioned to provide exceptional service to forex traders around the world. The increase was in response to the failures of a few forex brokers, and it allowed FXCM to acquire new business from some of its smaller competitors who either ceased all operations or moved out of the US.

We take a holistic approach to institutional consulting, assessing all facets of your organization’s goals, needs and financial health to develop customized, efficient strategies. Manage exposure to interest rates, foreign currency, commodities, and equities.

Our international teams offer superior expertise across derivative and physical products, world-class block trading and leading Commodities research through the firm’s Global Investment Research division. Read the latest business and community news from the Dallas-Fort Worth area. The company, which has offices in Plano, New York and San Francisco, is also moving to rebrand, announcing on Tuesday it would change its name from FXCM Inc. to Global Brokerage Inc. The name change will take effect at the opening of trading on Monday, the company said in a statement. “At this time, the office will remain open,” Sales said, adding the location would continue to serve non-U.S. support local journalismbecome a community patronCommunity impact Newspaper’s mission is to build communities of informed citizens and thriving businesses through the collaboration of a passionate team. Consider supporting our journalism efforts by becoming a Community Patron today.

Highly used for economic research, historical financial data across all asset classes, news and analytics. Morningstar Direct provides students with a basic understanding of the software’s functionality. Morningstar also offers the ability to rank and compare funds, perform advanced analysis for research purposes, and construct and analyze mutual fund portfolios. Eikon lets you connect and collaborate with industry’s largest instant messaging and chat network while providing you In-product training resources at your fingertips.

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It has six local offices with more than 6,000 employees in the state. The cost of living here, they’ve said, is much lower than in New York or Los Angeles. Fidelity Investments will lay off 98 people from its Grapevine office this summer, according to the letters. Forex Capital Markets, LLC, will lay off 56 from its office in Collin County by April. Fidelity Investments will lay off 98 people from its Grapevine office this summer, and Forex Capital Markets, LLC, will lay off 56 from its office in Collin County by April. Whenever you see this, please note that the associated link will direct you to a web site not maintained by Citigroup Inc. or its affiliates and subject to different use and privacy terms.

While the company technically owns a 51% equity stake in FXCM Group, its agreement with Leucadia and FXCM about future distributions of cash flows places its real economic interest in FXCM at 10 to 50%. Jefferies Financial Group remains the de facto parent company of the FXCM Group.

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FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference on major indices and commodities such as gold and crude oil. “We are excited to have Jeff join the GPS team! He brings more than two decades of background in the FX Markets and Corporate Hedging Strategies,” said Ryan Gibbons, Managing Partner of GPS Capital Markets. “As we expand our presence in the Midwest we look forward to the opportunity of servicing our clients out of our new Chicago office.” Followed by this, we are bringing Mr. Kai Blatnicky a professional from Bloomberg who will teach us how to use Bloomberg for market research, portfolio management & trading for finance professionals. The finance trading lab hosted a panel discussion on the topic of ‘Quant & Technology’. Speakers are professionals and leaders in financial industries and FinTech consulting area. They will share with us their insights, career development, and the working environment at their companies followed on by Q&A by our attendees.

As a believer, success to me is first and foremost obedience to God. Secondly, it’s in being “others-focused” so that the world is hopefully a better place with me being born.

Fxcm

Our Consulting Services team helps hedge fund managers launch, support and build their businesses. With over a decade of experience and offices located across the US, Europe and Asia, we combine local focus with global expertise and coordination.

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We provide our clients with numerous options for electronic execution via many industry trading platforms, including REDIPlus. In addition to electronic execution platforms, Goldman Sachs provides integrated solutions with a broad selection of ISV and OMS platforms as well as connectivity to client-developed software.

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Regulators alleged the company did not disclose this relationship to clients, who had been told their profits and losses on FXCM’s “No Dealing Desk” platform would not affect the company’s bottom line. In fact, regulators said, the market maker in question paid $77 million in rebates to FXCM from 2010 to 2014.

We also offer clients access to advanced and customizable trading strategies through our futures algorithm suite. We seek to deliver to our clients leading market insight, risk management and execution, helping them to raise money, invest, and transfer risk across financial asset classes.

Cib Fx Sales Associate

And it’s to leave a legacy of godly financial stewardship not just to my family, but also to subscribers wherever they may be all over the world. Guide the recruiter to the conclusion that you are the best candidate for the fx sales job. Tailor your resume by picking relevant responsibilities from the examples below and then add your accomplishments. Spot transactions close at the market price within two days, and the others are set to close at an agreed-upon price and an agreed-upon date in the future. Business Consulting, including vendor analysis and introduction, systems implementation, workflow construction, in-sourcing vs. out-sourcing analysis and structural considerations. Property and infrastructure consulting, covering real-estate sourcing strategies, architectural and engineering considerations, project management, network design and consulting, contract and proposal review and more.

Expert prime brokerage, outsource trading, capital introduction and electronic execution tools for emerging and established fund managers. It identifies trends, generate and test hypotheses, and develop viewpoints and research. Loaded with 65 years of information, DataStream is the world’s most comprehensive financial time series database. FACTSET can be requested online through the “ID request portal” for any one-off requests. If you have an entire class that requires access, please contact with the Finance lab. FACTSET delivers superior analytics, service, content, and technology to help more than 66,000 users see and seize opportunity sooner.

Fx Sales Analyst Hedge Funds

Jill Cowan tracks Texas’ economy and how it shapes life in the Lone Star State. Previously, she’s covered everything from wildfires to state politics for The Tennessean, the Los Angeles Times and its community newspapers and The Bakersfield Californian.

As a leading, global provider of financial services and products, we have navigated this crisis from a position of strength, fortifying our leadership position and highlighting our critical role in the global markets ecosystem. As the premier global provider of securities lending services, we offer our clients industry-leading insights into securities lending flow and superior access to supply. Our agency-only futures desk has extensive experience executing futures and options on futures. Our presence in New York, Chicago, San Francisco, London, Hong Kong, Sydney and Tokyo ensures that our clients receive a global perspective and 24-hour coverage.

Forex Capital Markets Announces 56 Layoffs At Plano Office Following Deal With Regulators

FXCM also owns the Forex trading news and research web site DailyFX. In December 2010, FXCM went public and began trading on the NYSE, becoming the first forex broker in the US to IPO. The following year FXCM UK started offering a limited number of CFDs to its non-US based clients, in addition to its currency products. In May 2010, FXCM acquired the UK CFD and spreadbetting provider ODL. On January 20 further terms of the loan were released, showing that the coupon rate might rise to 17% and that asset sales and other limitations were imposed. Citigroup analysts quoted by Bloomberg said that the terms of the loan “essentially wiped out” the value of FXCM’s stock.

In January 2003, FXCM entered into a partnership with Refco group, one of the largest US futures brokers at the time. Refco took a 35% stake in FXCM and licensed the FXCM software for use by its own clients. Following the collapse of Refco in October 2005, FXCM became entrenched in the Refco bankruptcy proceedings for a number of years. MCT® is a capital markets advisory firm focused on technology and service with a track record of success spanning 15+ years.

The company provides services through its own online trading platforms and through third party platforms such as MetaTrader 4. FXCM allows retail and institutional clients to speculate on global foreign exchange markets in what is known as “margin forex trading”. Outside the US, FXCM also provides trading in contract for difference on major indices and commodities such as gold and crude oil.

The FXCM business model allows retail clients to speculate on forex markets with leverage. FXCM promotes a “no dealing desk” business model for its currency products, taking prices from a number of major banks and allowing clients to trade the best price at any given time. This is also known as a direct market access model, in contrast to a market maker model more commonly used by forex brokers.

Headquartered in Salt Lake City, GPS Capital Markets, Inc. provides corporate foreign exchange services that help companies manage their foreign currency risks and execute foreign currency transactions. Founded in 2002, GPS brings together a senior management team rich in international banking experience from the world’s leading financial institutions. GPS has offices in Atlanta, Dallas, Los Angeles, Phoenix and overseas in London. It combines competitive exchange rates with a host of tailored international financial solutions for its clients.

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