BEIRUT, Lebanon, December 12, 2010 /PRNewswire-FirstCall/ -- On December 1st, FXCM Inc. announced that its initial public offering of 15,060,000 shares of its Class A common stock was priced at $14.00 per share. Shares began trading on December 2nd, 2010 on the New York Stock Exchange under the ticker symbol "FXCM." The underwriters have been granted a 30-day option to purchase up to 2,259,000 additional shares of Class A common stock at the public offering price less the underwriting discount from FXCM if the underwriters sell more than 15,060,000 shares in the offering.
Master Capital Group S.A.L. (operating under the brand "FXCM MENA" [http://www.fxcmmena.com/en/index.php]), an affiliate partner of FXCM Inc. and exclusive distributor of FXCM products in the Middle East and North Africa is very proud to bring this news to traders in the region.
Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint book-running managers of the offering. Barclays Capital Inc., Deutsche Bank Securities Inc., Sandler O'Neill & Partners, L.P. and UBS Securities LLC are acting as co-managers. The offering will be made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained by contacting Credit Suisse Securities (USA) LLC, Attention: Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010, or by calling: 800-221-1037, J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or by calling: 866-803-9204 and Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, or by calling: 800-831-9146, or by e-mailing: email@example.com. The final prospectus, when it is available, also may be obtained on the Securities and Exchange Commission's Web site at http://www.sec.gov.
About FXCM Inc.
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.
Media Contact: Jaclyn Sales Vice President of Corporate Communications / Investor Relations firstname.lastname@example.org +1-646-432-2986
About FXCM MENA:
Master Capital Group, S.A.L. does business under the FXCM proprietary brand as FXCM MENA in several Middle Eastern and North African countries. Accounts opened through FXCM MENA are held with Master Capital Group, S.A.L.
Master Capital Group, S.A.L. is a financial intermediation company authorized and regulated by the Central Bank of Lebanon.
Media Contact: Katia Abou-Rizk Marketing Manager Katia.email@example.com
Trading foreign exchange and CFDs on margin carries a high level of risk, and may not be suitable for all. Read full disclaimer ( http://www.fxcmmena.com/en/risk-warning).
SOURCE FXCM MENA and FXCM Inc.