Report: FXCM Inc. Turns To Jefferies To Plug $200 Million Hole

FXCM Inc. FXCM is in talks with an investment bank to raise $200 million that could plug a hole left by this week's stunning rise in the Swiss franc. The U.S. retail foreign-exchange broker said Wednesday that turmoil in currency exchange generated "negative equity balances owed to FXCM" of some $225 million, and that it "may be in breach of some regulatory capital requirements." https://www.sec.gov/Archives/edgar/data/1499912/000114420415002475/v398872_ex99-1.htm Citing unnamed sources, Bloomberg said Friday that FXCM is in talks to raise the money from Jefferies Group LLC JEF. FXCM shares were halted for news Friday. The stock is down about 25 percent this week to $12.63 a share.