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"FXCM Inc., the currency brokerage that almost collapsed this month as the Swiss franc surged, will seek repayment from institutional and high-net-worth customers whose accounts went negative amid the volatility.Those investors account for about 60 percent of the brokerage’s losses, New York-based FXCM said today in a statement. Traders who made smaller bets, about 90 percent of clients with negative balances, will have their losses forgiven, according to the statement."
"FXCM Inc., the currency brokerage that almost collapsed this month as the Swiss franc surged, will seek repayment from institutional and high-net-worth customers whose accounts went negative amid the volatility.Those investors account for about 60 percent of the brokerage’s losses, New York-based FXCM said today in a statement. Traders who made smaller bets, about 90 percent of clients with negative balances, will have their losses forgiven, according to the statement."
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