We wrote of the likelihood of the acquisition of platform ODL’s remaining business by Forex Capital Markets (FXCM) back in February (FXCM might have it all) – we can now confirm that the deal has been done.
FXCM responded to the increases in capital requirements imposed by the CFTC, beginning January 2009, by acquiring ODL’s US business. Since then the company has focused on overseas expansion, opening offices in Paris, Sydney, Dubai, Milan, Santiago, Athens and Berlin.
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