In an amendment of FXCM’s IPO application, published on Monday, the firm says it has 75,300,000 shares, each valued between $13 and $15, making FXCM’s current market value about a whopping $1 billion.
Back in September when FXCM first announced the IPO, we estimated it was worth around $676 million, after its purchase of UK-based platform ODL. What a difference a few months make.
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