New York - Shares of leading foreign-exchange broker FXCM were suspended as trade opened Friday, after it admitted that the sharp rise in the Swiss franc had possibly left it capital-short.
The New York Stock Exchange suspended the shares after they plunged nearly 90 percent in pre-market trade, due to FXCM's admission that some clients lost heavily on the franc's big shift and their accounts lacked $225 million owed the company.
AFP
