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FXCM Opens Office in South Africa



16 Nov 2016 - Johannesburg, South Africa
Source: FXCM Press Release

FXCM Inc. (NASDAQ:FXCM), a leading online provider of foreign exchange (FX) trading, Contract for Difference (CFD) and related services, announces the opening of its newest office, FXCM South Africa, based in Johannesburg.

"We're excited to expand FXCM and our retail forex business to South Africa," said Drew Niv, CEO of FXCM. "There is a growing interest for forex trading in the region which gives us the opportunity to introduce our services."

FXCM South Africa will provide local residents access to the FXCM Trading Station and MetaTrader 4 trading platforms, alongside English-language resources including: FXCM Webinars, Free Seminars, FXCM Apps, educational material, trading analytics, and much more. With FXCM, traders will have access to Forex, CFDs, and Share CFDs.

"FXCM prides itself on excellent customer service, and the opening of FXCM South Africa will further that sentiment by offering a unique experience for our clients in the region," said Harry Coundouris, CEO of FXCM South Africa. "Our customer support team will cater to local residents through personal interaction with regional clients, including one-on-one meetings, and exclusive seminars."

About FXCM Inc.

FXCM Inc. (NASDAQ:FXCM) is a publicly traded company which owns 50.1% of FXCM Group, LLC (FXCM Group).

FXCM Group is a holding company of Forex Capital Markets LLC, (FXCM US), Forex Capital Markets Limited, inclusive of all EU branches (FXCM UK), FXCM Australia Pty. Limited, (FXCM AU), and all affiliates of aforementioned firms, or other firms under the FXCM group of companies [collectively "FXCM"]. FXCM Group is owned and operated by FXCM Inc. (NASDAQ:FXCM) and Leucadia National Corporation (NYSE:LUK). Leucadia National Corporation is a multi-billion dollar diversified holding company engaged through its consolidated subsidiaries in a variety of businesses.

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. The company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.

FXCM South Africa (PTY) LTD is an authorized Financial Services Provider and is regulated by the Financial Services Board under registration number 46534. FXCM South Africa (PTY) LTD is doing business under the FXCM brand. FXCM Group does not own or control any part of FXCM South Africa (PTY) LTD. FXCM South Africa (PTY) LTD is licensed to introduce South African residents to transact with Forex Capital Markets Limited (FXCM). Forex Capital Markets Limited ("FXCM LTD") is an operating subsidiary within the FXCM group of companies (collectively, the "FXCM Group"). All references to "FXCM" refer to the FXCM Group.

Forex Capital Markets Limited is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 217689.



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