New interim CEO for FXCM, renamed Global Brokerage
Founding members Niv and Ahdout resign following US ban from the CFTC and NFA. Meanwhile, the publicly traded company that owns FXCM Group will trade under a new name
FXCM founding members Dror ‘Drew' Niv and William Ahdout have resigned from all their positions at the online foreign exchange broker, as it undergoes structural changes following a ban by two US agencies.
Niv, who will continue to work at FXCM in an advisory role, submitted his resignation as chief executive and director of FXCM Group, while Ahdout left his position as director of the board of directors.
Brendan Callan, chief executive and president of the group's European operations, has been
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