DislikedThings are going from worse to worse by minutes: Law firm launches investigation into FXCM : http://www.forexlive.com/blog/2015/0...ion-into-fxcm/ FXCM SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Violations of Federal Securities Laws by the Board of Directors of FXCM Inc. http://www.marketwatch.com/story/fxc...k=MW_news_stmp...Ignored
I wouldn't worry too much about that law firm, they sue everyone and everything that has a shareprice drop with class actions hoping they get a settlement. they are what is wrong with the US judiciary system.
Anybody here trading with FXCM who has actually got an email asking for a deposit or close of positions to meet the new marging requirements?
Another question, is this change of margin permanent or just to cover the volatility over the next few days? The press release wasn't clear on that.
I am not a customer but do have a financial interest in FXCM and would like to stay on top of developments.
A contrarian; I always disagree.