Jefferies Financial Group, Inc. (NYSE:JEF) has posted its SEC filing for the quarter to end-August 2023, with the document revealing details about Jefferies’ relationship with FXCM. Jefferies has equity interests in FXCM of $48.9 million and $59.7 million at August 31, 2023 and November 30, 2022, respectively, consisting of a 49.9% voting interest in FXCM and rights to a majority of all distributions in respect of the equity of FXCM. Jefferies also has a senior secured term loan to FXCM, which is accounted for at a fair value of $39.2 million and $35.1 million, at August 31, 2023 and November 30, 2022, respectively. ... (full story)