FXCM Seniors Sign Severance Accord, Alpari UK Clients Receive Cash

Familiar faces in the FX industry dominated the headlines this week with FXCM seniors signing a revised accord to provide

A few familiar faces in the FX industry dominated the headlines this week with FXCM seniors signing a revised accord to provide a safety net – meanwhile, KPMG dispersed the first wave of account balances to Alpari UK clients.

Interviews

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Saxo Bank’s Co-CEO Kim Fournais Talks Equity Trading Ascension

Forex Magnates’ reporters spoke to the co-CEO of Saxo Bank, Kim Fournais, about the performance of the company in 2014 and the challenges it faced in the aftermath of the Swiss National Bank’s decision to stop guarding the 1.2000 exchange rate floor in the EUR/CHF currency pair. Read More Here

Key Executive Moves

Stephen Leahy Appointed as Chief Operating Officer at FXPrimus

Stephen Leahy has parted ways with oneZero Financial Systems after nearly two years in a senior position, taking up the position of Chief Operating Officer (COO) at FXPrimus in an expanded global role. Read More Here

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Shift Forex Co-Founder, Justin Gilmore Heads to Citadel Securities as eFX Head

Justin Gilmore, one of the co-Founders of Shift Forex, has parted ways with the consultancy and headed to Citadel Securities, where he will work as its newest Global Head of eFX Sales, based out of New York. Read More Here

Trending

FXCM Seniors Sign Revised Founder Severance Agreement 

Senior executives at listed currency and CFD broker, FXCM, have signed an amended agreement that protects them in case their employment is terminated, with the four receiving a set remuneration in reference to their salary and bonus. Read More Here

KPMG Disburses First Wave of Account Balances to Alpari UK Clients

An ongoing saga between Alpari UK clients and creditors, as moderated by KPMG, has reached a new turn Tuesday, with the first tranche of clients with negative balances being covered. Read More Here

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