| New York Stock Exchange: FXCM
Similar to: London Stock Exchange Group Plc
FXCM, Inc. provides online foreign exchange trading and related services to domestic and international retail and institutional customers and offers customers' access to global over-the-counter FX markets. The company is engaged in various ancillary FX related services, which includes the use of platform, technical expertise, trading facilities and software. It operates through two segments: Retail Trading and Institutional Trading. The Retail Trading segment is earned by adding a markup to the price provided by FX market makers generating trading revenue based on the volume of transactions and is recorded on trade date. The Institutional Trading segment relates to commission income generated by facilitating spot foreign currency trades on behalf of institutional customers through the services provided by the FXCM Pro division. FXCM was founded by Eduard Yusupov, Dror Niv, David Sakhai, William Ahdout and Kenneth A. Grossman in 1999 and is headquartered in New York, NY.