Drew Niv out at CEO of FXCM, company to change its name | Forex Factory

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Drew Niv out at CEO of FXCM, company to change its name

  • #1
  • First Post: Edited 10:43am Feb 21, 2017 10:28am | Edited 10:43am
Breaking Forex News...Not too surprising.

Distancing itself from its recent troubles including being banned from its home US forex market, retail forex broker FXCM announced some major changes including the resignation of co-founder and longtime CEO Drew Niv

Who is replacing Drew Niv as CEO?

How will the company now be known?

Get all the details, now at LeapRate.
  • #2
  • Feb 21, 2017 10:42am Feb 21, 2017 10:42am
Ban from the U.S. but are allowed to have there stock listed, odd
  • #3
  • Feb 21, 2017 10:59am Feb 21, 2017 10:59am
I wonder how long Jason Rodgers knew about this and kept on herding innocent traders into this death trap....
  • #4
  • Feb 21, 2017 11:30am Feb 21, 2017 11:30am
Quoting meyoik
I wonder how long Jason Rodgers knew about this and kept on herding innocent traders into this death trap....
Makes you wonder
  • #5
  • Feb 21, 2017 11:38am Feb 21, 2017 11:38am
Quoting meyoik
I wonder how long Jason Rodgers knew about this and kept on herding innocent traders into this death trap....
Yes. Very good question.
  • #6
  • Feb 21, 2017 1:43pm Feb 21, 2017 1:43pm
Quoting Momba
{quote} Yes. Very good question.
Quoting PoundTrader
{quote}Makes you wonder
So now we are just missing the one and only Mr. Rodgers
  • #7
  • Feb 21, 2017 3:14pm Feb 21, 2017 3:14pm
Interesting name choice .. Global Brokerage Inc.. but banned from the U.S.

How can you be Global then ?

The false advertising continues
  • #8
  • Feb 21, 2017 4:15pm Feb 21, 2017 4:15pm
Quoting lasty
Interesting name choice .. Global Brokerage Inc.. but banned from the U.S. How can you be Global then ? The false advertising continues
I think it's because of their history. Scam on a global level.
  • #9
  • Feb 22, 2017 7:19am Feb 22, 2017 7:19am
If FXCM were really banned, shouldn't it be stopped traded on NYSE??

And how could it be allow to change name and trade symbol?

I am just don't get it.
  • #10
  • Feb 22, 2017 9:48am Feb 22, 2017 9:48am
Well, they are still noted on the stock exchange and they still have business in other countries than US. Regardless, their stock plummeted when news came out that they were banned from US and that they have stolen from their customers for years. Name change or not, I don't think they will survive this huge blow to their business. Bankruptcy is coming I believe. Watch out!
  • #11
  • Feb 22, 2017 10:25am Feb 22, 2017 10:25am
Quoting mattrader
If FXCM were really banned, shouldn't it be stopped traded on NYSE?? And how could it be allow to change name and trade symbol? I am just don't get it.
i think FXCM will be the first company in history to be ban from doing business in the u.s.a. and still be listed on NYSE, correct me if im wrong
  • #12
  • Feb 22, 2017 10:40am Feb 22, 2017 10:40am
If you come up with a new scam, you need a new name.

I'm just surprised their stock price hasn't hit 0 yet. LOL
  • #13
  • Feb 22, 2017 11:54am Feb 22, 2017 11:54am
Still no Mr. Rogers...?

Funny, he seems to pop up for everything else, but not for this one.....
  • #14
  • Feb 24, 2017 6:04am Feb 24, 2017 6:04am
guys, stay far from fxcm as you can.

silver chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 78 KB
  • #15
  • Feb 24, 2017 12:46pm Feb 24, 2017 12:46pm
Quoting lasty
Interesting name choice .. Global Brokerage Inc.. but banned from the U.S. How can you be Global then ? The false advertising continues
GBI Globally Banned Inc.
  • #16
  • Feb 24, 2017 12:49pm Feb 24, 2017 12:49pm
Quoting MXT
{quote} GBI Globally Banned Inc.
LMAO
  • #17
  • Feb 24, 2017 12:59pm Feb 24, 2017 12:59pm
Quoting PoundTrader
{quote}LMAO
would you trust this guy ?
Attached Image
  • #18
  • Feb 24, 2017 2:19pm Feb 24, 2017 2:19pm
Who cares about what he looks like
Don't give up on your dreams. Keep sleeping.
  • #19
  • Feb 24, 2017 2:56pm Feb 24, 2017 2:56pm
Quoting 8Flow
guys, stay far from fxcm as you can. silver chart. {image}
Everybody goes stop loss hunting
  • #20
  • Feb 24, 2017 3:17pm Feb 24, 2017 3:17pm
Quoting 8Flow
guys, stay far from fxcm as you can. silver chart. {image}
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