Global Brokerage, Inc. Announces Executive Changes
May 16, 2017 at 01:06 am IST
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On May 15, 2017, the board of directors of Global Brokerage, Inc. appointed Kenneth Grossman to serve as the company’s Chief Executive Officer, effective immediately. Concurrent with the appointment of Mr. Grossman, Dror (Drew) Niv has resigned as interim Chief Executive Officer of the company. Mr. Grossman served on the board of the company's predecessor, Global Brokerage Holdings, LLC, from 1999 to 2010 and continues to serve on the Board. Mr. Grossman has been a Managing Director of the Company since 1999 and is one of the founding partners of the firm. From 1999 to 2007, Mr. Grossman served as the Company’s Chief Financial Officer.
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. 
