FXCM has made a commercial statement, affirming that on January 15, 2015, the Swiss National Bank (SNB) caused a flash crash that lead to historic dysfunction never seen before in the FX markets when it announced that it was completely removing the 1.20 floor. FXCM Inc (NYSE:FXCM) has disclosed detailed information regarding its systems and the broader FX market during the January 15th EUR/CHF Flash Crash. FXCM has compiled data points which demonstrate the unprecedented and extreme dysfunction of the FX market on January 15th. FXCM Timeline of Relevant Events on January 15 (Morning, Eastern Standard Time): ... (full story)