Global Brokerage, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 09:21 pm EST
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Global Brokerage, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 36.368 million. Operating income was USD 1.780 million. Net loss was USD 9.711 million. Basic loss per share was USD 1.18. For the nine months, sales was USD 120.741 million. Operating income was USD 14.994 million. Net loss was USD 23.371 million. Basic loss per share was USD 2.83.
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. 
