Global Brokerage, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
May 30, 2021 at 09:17 pm EDT
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Global Brokerage, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 153.140 million compared to USD 115.137 million a year ago. Operating income was USD 10.743 million compared to operating loss of USD 18.384 million a year ago. Net loss was USD 32.023 million compared to USD 43.271 million a year ago. Basic loss per share was USD 3.88 compared to USD 5.24 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. 
