FXCM announces capital up by 20%
NEW YORK - FXCM has seen its capital grow more than 20% since July last year, despite experiencing a decline in customer deposits.
The New-York based broker released its latest unaudited balance sheet figures on June 4, which revealed capital growth to $114.9 million between July last year and April this year. The figure represents FXCM's assets in excess of liabilities.
However, figures also revealed a 22% drop in customer deposits to $287.6 million, which the broker has attributed to a drop in
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