Renaissance Technologies LLC acquired a new position in shares of FXCM Inc. (NASDAQ:GLBR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 266,730 shares of the financial services provider’s stock, valued at approximately $720,000. Renaissance Technologies LLC owned approximately 4.34% of FXCM as of its most recent SEC filing.

Shares of FXCM Inc. (GLBR) remained flat at $1.30 during midday trading on Tuesday. 3,612 shares of the stock were exchanged. The company has a 50 day moving average of $1.82 and a 200 day moving average of $2.10. FXCM Inc. has a 1-year low of $1.20 and a 1-year high of $9.80. The firm’s market capitalization is $7.99 million.

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About FXCM

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.

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