FXCM was hacked !!!

I was talking about FXCM share price. But in fact the change value seems to be linked to a split... Apologies for this 😲😁
https://finance.yahoo.com/echarts?s=FXCM+Interactive#{'allowChartStacking':true}

togr posted:

charlesadethib86 posted:
and the day you say this FXCM made a +855%... be against the crowd....

I have no idea what you are talking about and you?
How could broker make +xx% profit
But yeah your post is against the crowd :)

togr posted:

jasonrogers posted:

William82 posted:
Any reference, source of this info ??

Hello Everyone,

Below is the full text of the announcement FXCM posted on Thursday:
https://ir.fxcm.com/releasedetail.cfm?ReleaseID=934649

Statement on FXCM Cybersecurity Incident

NEW YORK, Oct. 1, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM) ('FXCM' or 'the Company'), a leading online provider of foreign exchange (FX) trading and related services, today announced that it was the victim of a criminal cybersecurity incident involving unauthorized access to customer information. At this time FXCM has identified a small number of unauthorized wire transfers from customer accounts; however, all funds have been returned to the appropriate accounts and the customers have been contacted.

FXCM received an email from a hacker claiming to have unlawful access to customer information. FXCM immediately notified the FBI of this threat and is cooperating with the FBI's investigation. FXCM also immediately launched a full investigation, working with a leading cybersecurity firm, to investigate the cybersecurity incident and protect customer information. FXCM, along with the leading cybersecurity firm, is conducting an extensive forensic investigation to determine the scope of the incident and identify affected customers. Affected customers will be notified.

The Company has established a dedicated webpage where members can access information, including frequent questions and answers. Read the FAQ: https://bit.ly/1Vs6jpR

Customers with additional questions can contact FXCM representatives, who are available 24 hours a day. Contact Customer Support: https://bit.ly/181FKSK

FXCM takes the privacy and security of our customer information very seriously and we are dedicated to protecting that information. As we learn more, we will continue to provide updates.

Can you explain how someone is able to withdraw money to someone else bank account? I though any broker just allow withdrawal to the original account owner.

@jasonrogers can you explain this please?

charlesadethib86 posted:
I was talking about FXCM share price. But in fact the change value seems to be linked to a split... Apologies for this 😲😁
https://finance.yahoo.com/echarts?s=FXCM+Interactive#{'allowChartStacking':true}

togr posted:

charlesadethib86 posted:
and the day you say this FXCM made a +855%... be against the crowd....

I have no idea what you are talking about and you?
How could broker make +xx% profit
But yeah your post is against the crowd :)

@charlesadethib86
I am sorry it was hard to understand without the link to shares. It is interesting indeed how markets are irrational;)

Yea, what happened with their stock price? CRAZY!!!

togr posted:
@jasonrogers can you explain this please?

Hi Togr,

At this time, I don't have any additional details for you beyond what was mentioned in our statement: https://ir.fxcm.com/releasedetail.cfm?ReleaseID=934649

FXCM immediately notified the FBI of this threat and is cooperating with the FBI's investigation. FXCM also immediately launched a full investigation, working with a leading cybersecurity firm, to investigate the cybersecurity incident and protect customer information. FXCM, along with the leading cybersecurity firm, is conducting an extensive forensic investigation to determine the scope of the incident and identify affected customers. Affected customers will be notified.

FXCM takes the privacy and security of our customer information very seriously and we are dedicated to protecting that information. As we learn more, we will continue to provide updates.

arigoldman posted:
Yea, what happened with their stock price? CRAZY!!!

Hi Ari,

While I'm not authorized to comment on our stock personally, you can contact our Investor Relations department with any questions: https://ir.fxcm.com/contactus.cfm

Below is the text of their recent announcement: https://ir.fxcm.com/releasedetail.cfm?ReleaseID=934336

FXCM Inc. Announces Effectiveness of Reverse Stock Split

NEW YORK, Sept. 29, 2015 (GLOBE NEWSWIRE) -- FXCM Inc. (NYSE:FXCM)('FXCM' or 'the Company'), a leading online provider of foreign exchange (FX) trading and related services, today announced the effectiveness of its previously disclosed one-for-ten reverse stock split.

Beginning with the opening of trading on Thursday, October 1, 2015, the Company's common stock will trade on the NYSE on a reverse split-adjusted basis under the same symbol 'FXCM,' but with a new CUSIP of 302693205. As a result of the reverse stock split, the number of outstanding shares of FXCM's common stock will be reduced from approximately 53,726,664 shares to approximately 5,372,666 shares.

No fractional shares were issued in connection with the reverse stock split. Instead, each stockholder holding fractional shares will receive, in lieu of such fractional shares, cash in an amount the closing sale price per share of our common stock as reported on the NYSE on the last trading day preceding the effective date of the reverse stock split multiplied by the number of shares of pre-split common stock held by the stockholder that would otherwise have been exchanged for such fractional share. Stockholders of record will receive information from American Stock Transfer & Trust Company, LLC, the Company's transfer agent, regarding their stock ownership and, if applicable, cash in lieu of fractional share payments. Stockholders who hold their shares in brokerage accounts or 'street name' are not required to take any action in connection with the reverse stock split.