FXCM names interim CEO, changes name to Global Brokerage
From marketwatch.com
FXCM Inc. said Tuesday it is changing its name to Global Brokerage Inc. and will trade under the new ticker symbol 'GLBR" effective start of trade Feb. 27. The company also unveiled its choice for interim CEO. The news comes after the Commodity Futures Trading Commission issued an order settling National Futures Association charges against FXCM Chief Executive Dror Niv and Managing Director William Adhout for "engaging in fraudulent activities" with respect to FXCM's retail customers, by telling them they used a "No Dealing Desk" order execution model, meaning orders would be executed directly in the market ...
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