Following the news I broke a few hours ago FXCM Inc. publicly announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. Unfortunately it contains no details except the following laconic statement (if you are interested in the juicy details go to my post):
Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Citi will act as joint book-running managers of the offering. Barclays Capital Inc., Deutsche Bank Securities, Inc., Sandler O’Neill & Partners, L.P. and UBS Securities LLC will act as co-managers. The offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained by contacting Credit Suisse Securities (USA) LLC, Attention: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, or by calling: 800-221-1037, J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or by calling: 866-803-9204 and Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, or by calling: 800-831-9146, or by e-mailing Citi at: email@example.com.
Bitcoin vs. Gold: Which is a Better Buy this Fall?Go to article >>
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective.
Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer.