FXCM Announces Pricing of its Initial Public Offering
BEIRUT, Lebanon/PRNewswire-FirstCall/ -- On December 1st, FXCM Inc.
announced that its initial public offering of
15,060,000 shares of its Class A common stock was priced at $14.00 per
share.
Shares began trading on December 2nd, 2010 on the New York Stock
Exchange
under the ticker symbol "FXCM." The underwriters have been granted a
30-day
option to purchase up to 2,259,000 additional shares of Class A common
stock
at the public offering price less the underwriting discount from FXCM if
the
underwriters sell more than 15,060,000 shares in the offering.
Master Capital Group S.A.L. (operating under the brand "FXCM MENA"
[http://www.fxcmmena.com/en/index.php]), an affiliate partner of FXCM Inc.
and exclusive distributor of FXCM products in the Middle East and North
Africa is very proud to bring this news to traders in the region.
Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and
Citigroup Global Markets Inc. are acting 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 are acting as co-managers.
The offering will be made only by means of a prospectus. Copies of the final
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 Citigroup Global Markets Inc., Brooklyn Army Terminal, 140
58th Street, 8th Floor, Brooklyn, NY 11220, or by calling: 800-831-9146, or
by e-mailing: batprospectusdept@citi.com. The final prospectus, when it is
available, also may be obtained on the Securities and Exchange Commission's
Web site at http://www.sec.gov.
About FXCM Inc.
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange
(forex) trading and related services to retail and institutional customers
world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading.
Clients benefit from FXCM's large network of forex liquidity providers
enabling FXCM to offer competitive spreads on major currency pairs. Clients
have the advantage of mobile trading, one-click order execution and trading
from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited,
also offers CFD products with no re-quote trading and allows clients to trade
oil, gold, silver and stock indices along with forex on one platform. In
addition, FXCM offers educational courses on forex trading and provides free
news and market research through DailyFX.com.
Media Contact:
Jaclyn Sales
Vice President of Corporate Communications / Investor Relations
investorrelations@fxcm.com
+1-646-432-2986
About FXCM MENA:
Master Capital Group, S.A.L. does business under the FXCM proprietary
brand as FXCM MENA in several Middle Eastern and North African countries.
Accounts opened through FXCM MENA are held with Master Capital Group, S.A.L.
Master Capital Group, S.A.L. is a financial intermediation company
authorized and regulated by the Central Bank of Lebanon.
Media Contact:
Katia Abou-Rizk
Marketing Manager
Katia.abourizk@fxcmmena.com
Trading foreign exchange and CFDs on margin carries a high level of risk,
and may not be suitable for all. Read full disclaimer (
http://www.fxcmmena.com/en/risk-warning).
Source: FXCM MENA and FXCM Inc.
Read more