Global Brokerage, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020
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Global Brokerage, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 109.532 million compared to USD 145.724 million a year ago. Operating loss was USD 18.384 million compared to USD 8.886 million a year ago. Net loss was USD 43.271 million compared to net income of USD 59.538 million a year ago. Basic loss per share from continuing operations was USD 5.42 compared to basic earnings per share from continuing operations of USD 7.15 a year ago. Basic loss per share was USD 5.24 compared to basic earnings per share of USD 7.22 a year ago.
Global brokerage, Inc., formerly FXCM Inc. (FXCM), is engaged in providing online foreign exchange (FX) trading, contract for difference (CFD) trading, spread betting and related services. The Company owns over 50% 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). The Company focuses on providing global traders with access to market by offering trading tools, hiring trading educators. In addition, FXCM offers educational courses on FX trading and provides trading tools data and resources. FXCM Pro provides retail brokers, small hedge funds and market banks access to wholesale execution and liquidity, as well as providing high and medium frequency funds access to prime brokerage services through FXCM Prime.
GLOBAL BROKERAGE, INC. 
