FXCM to Cut Over 100 Jobs Amid Cost Pressures

Broker-dealer Tradu/FXCM is preparing to lay off more than 100 employees, Finance Magnates has learned, in what appears to be one of the group’s largest headcount reductions in recent years. Multiple sources close to the company indicate that the cuts will span several functions and jurisdictions. One of the sources was less optimistic, and suggested…