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Franklin Templeton confirms 13.5% stake in FXCM Inc
FXCM also discloses that it still owes Leucadia $203 million, even after $148 million was repaid so far. FXCM Franklin Templeton Following the completion of FXCM’s 1-for-10 reverse stock split effected on October 1, mutual fund giant Franklin Templeton was required to re-release an overview of its holdings in the retail forex broker. As of September 30, Franklin owned a total of 723,110 shares of FXCM Inc (NYSE:FXCM), held in two separate funds: the Franklin Global Small Mid Cap Growth Fund holds most (647,475) of the stake, while the remainder were held at Franklin Templeton Investments Corp. The stake represents ... (full story)