The catalyst may be the belief that Congress is certain to approve a hike in capital requirements to $20 million just months after it raised it from $1 million to $5 million.
FX Solutions is one company that appeared relatively well-placed to meet any looming capital hike. In its last filing with the Commodity Futures Trading Commission, the company’s net adjusted capital stood at $26.9 million. In early 2007, the company secured a $100 million investment from Francisco Partners, the US private equity house.
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