{"id":38589,"date":"2013-10-11T11:31:28","date_gmt":"2013-10-11T15:31:28","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38589"},"modified":"2013-10-11T11:31:28","modified_gmt":"2013-10-11T15:31:28","slug":"hedge-fund-closures-cant-slow-retail-merger-flurry-currencies","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2013\/hedge-fund-closures-cant-slow-retail-merger-flurry-currencies.html","title":{"rendered":"Hedge Fund Closures Can\u2019t Slow Retail-Merger Flurry: Currencies"},"content":{"rendered":"<p>Bloomberg &#8211; FXCM Inc., the largest retail currency broker in the U.S., is leading a wave of buyouts and mergers in this corner of the $5.3 trillion-a-day foreign-exchange market as tougher regulation increases costs.<\/p>\n<p>In the past month, New York-based FXCM bought a 50.1 percent stake in rival Faros Trading LLC and the American retail accounts of Alpari U.S. LLC. Gain Capital Holdings Inc. acquired Global Futures &amp; Forex Ltd., Oanda Corp. bought Boston-based Currensee Global Inc., and Swissquote Group Holding SA (SQN) agreed to purchase competitor MIG Bank for an undisclosed price.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2013-10-11\/hedge-fund-closures-can-t-slow-retail-merger-flurry-currencies\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; FXCM Inc., the largest retail currency broker in the U.S., is leading a wave of buyouts and mergers in this corner of the $5.3 trillion-a-day foreign-exchange market as tougher regulation increases costs. In the past month, New York-based [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38589","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38589"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38589\/revisions"}],"predecessor-version":[{"id":38590,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38589\/revisions\/38590"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}