FXCM disclosed in a quarterly SEC filing that the U.K. Financial Services Authority (FSA) launched an inquiry into the firm’s past trade execution practices.
In the filing the company stated that: “Although we are in the process of complying with the FSA’s requests, we have not been formally notified whether or not the FSA intends to take any action against us with respect to our trade execution practices.”
The FSA investigation follows a similar probe by the U.S. regulator Commodity … [visit site to read more]
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