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 Septemberwhen 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.