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Investment giant BlackRock reduces stake in FXCM to 2.9%
BlackRock had held the largest ownership percentage in FXCM at 7.33%, however on June 30 this year, the firm took its stake in the company down to 2.9% FXCM logo new Investment and asset management giant BlackRock has reduced its shareholding in FXCM Inc (NYSE:FXCM) as reported by a filing with the US Securities and Exchange Commission (SEC). On June 30, 2015, BlackRock concluded a transaction in which it took the number of shares that it owns down to 1,467,341 which represents 2.9% of the entire issued stock. Prior to the transaction, BlackRock was the major shareholder which held the greatest ownership percentage ... (full story)
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