Jefferies estimates max loss exposure due to FXCM involvement at $123.3M

Investment bank and financial services firm Jefferies Financial Group Inc (NYSE:JEF) has filed its quarterly report for the three months to end-May 2021 with the Securities and Exchange Commission (SEC), with the report providing an insight into Jefferies’ involvement with FXCM Group LLC (FXCM).

Jefferies has determined that it is not the primary beneficiary of FXCM because it does not have the power to direct the activities that most significantly impact FXCM’s performance. Therefore, it does not consolidate FXCM and it accounts for its equity interest under the equity method as an investment in an associated company.

FXCM reported total assets of $397.7 million in its latest financial statements.

Jefferies’ maximum exposure to loss as a result of its involvement with FXCM is limited to the carrying value of the term loan ($59.2 million) and the investment in associated company ($64.1 million), which totaled $123.3 million at May 31, 2021. This compares with a loss exposure of $130.9 million in the preceding quarter.

Jefferies’ investment in FXCM and associated companies consists of a senior secured term loan due February 15, 2022 ($71.6 million principal outstanding at May 31, 2021), a 50% voting interest in FXCM and rights to a majority of all distributions in respect of the equity in FXCM.

Many factors, most of which are outside of Jefferies’ control, can affect FXCM’s business, including the state of international market and economic conditions which impact trading volume and currency volatility, changes in regulatory requirements and other factors that directly or indirectly affect the results of operations, including the sales and profitability of FXCM, and consequently may adversely affect Jefferies’ results of operations or financial condition.

Posted on

2,027 Replies to “Jefferies estimates max loss exposure due to FXCM involvement at $123.3M”

  13. drug information and news for professionals and consumers. Top 100 Searched Drugs.
    ivermectin generic cream
    Everything what you want to know about pills. Best and news about drug.

  14. Actual trends of drug. Top 100 Searched Drugs.
    ivermectin 8000
    Learn about the side effects, dosages, and interactions. Top 100 Searched Drugs.

  18. Commonly Used Drugs Charts. Generic Name.
    stromectol order
    п»їMedicament prescribing information. Some are medicines that help people when doctors prescribe.

  19. What side effects can this medication cause? Read information now.
    https://stromectolst.com/# stromectol 3 mg tablets price
    Get information now. What side effects can this medication cause?

  20. Commonly Used Drugs Charts. Some are medicines that help people when doctors prescribe.
    ivermectin 90 mg
    Top 100 Searched Drugs. Read information now.

  21. Learn about the side effects, dosages, and interactions. safe and effective drugs are available.
    stromectol ivermectin 3 mg
    All trends of medicament. safe and effective drugs are available.

  23. Commonly Used Drugs Charts. What side effects can this medication cause?
    stromectol pills
    Some are medicines that help people when doctors prescribe. Generic Name.

  26. Everything information about medication. Some are medicines that help people when doctors prescribe.
    ivermectin 1
    All trends of medicament. Cautions.

  27. Actual trends of drug. Medicament prescribing information.
    stromectol cvs
    Medscape Drugs & Diseases. Commonly Used Drugs Charts.

  28. Comprehensive side effect and adverse reaction information. Comprehensive side effect and adverse reaction information.
    ivermectin 3
    Learn about the side effects, dosages, and interactions. Read now.

  29. Long-Term Effects. Read here.
    zestril online
    Learn about the side effects, dosages, and interactions. Best and news about drug.

  32. Read now. Everything information about medication.
    https://nexium.top/# can you get cheap nexium without rx
    What side effects can this medication cause? drug information and news for professionals and consumers.

  40. Get warning information here. Comprehensive side effect and adverse reaction information.
    lisinopril 20 mg buy
    Read now. safe and effective drugs are available.

  42. earch our drug database. Get information now. https://amoxicillins.com/ amoxicillin over the counter in canada
    Medscape Drugs & Diseases. drug information and news for professionals and consumers.

  44. Some trends of drugs. п»їMedicament prescribing information. https://amoxicillins.com/ amoxicillin price without insurance
    Prescription Drug Information, Interactions & Side. п»їMedicament prescribing information.

  46. Actual trends of drug. Everything about medicine.
    zithromax 500mg price
    What side effects can this medication cause? Learn about the side effects, dosages, and interactions.

  47. Everything what you want to know about pills. What side effects can this medication cause?
    zithromax for sale usa
    Some trends of drugs. safe and effective drugs are available.

  48. All trends of medicament. Commonly Used Drugs Charts.
    https://clomiphenes.com buying generic clomid without prescription
    Top 100 Searched Drugs. Everything information about medication.

  61. Learn about the side effects, dosages, and interactions. Generic Name.
    male ed drugs
    Drugs information sheet. Everything information about medication.

  62. Generic Name. Everything information about medication.
    best otc ed pills
    Generic Name. Comprehensive side effect and adverse reaction information.

  65. Some are medicines that help people when doctors prescribe. Drug information.
    https://edonlinefast.com new ed pills
    Everything about medicine. drug information and news for professionals and consumers.

  66. Get here. Drugs information sheet.
    ed medications
    Everything information about medication. Some are medicines that help people when doctors prescribe.

  67. drug information and news for professionals and consumers. Commonly Used Drugs Charts.
    best ed pill
    Everything what you want to know about pills. earch our drug database.

  68. Comprehensive side effect and adverse reaction information. Read information now.
    ed pills cheap
    Some trends of drugs. Long-Term Effects.

  69. Medscape Drugs & Diseases. п»їMedicament prescribing information.
    https://canadianfast.com/# legal to buy prescription drugs without prescription
    All trends of medicament. Commonly Used Drugs Charts.

  72. Medscape Drugs & Diseases. What side effects can this medication cause?
    canada ed drugs
    Comprehensive side effect and adverse reaction information. safe and effective drugs are available.

  76. Long-Term Effects. Prescription Drug Information, Interactions & Side.
    https://canadianfast.com/# prescription without a doctor’s prescription
    Top 100 Searched Drugs. Everything information about medication.

  77. Definitive journal of drugs and therapeutics. Prescription Drug Information, Interactions & Side.
    the canadian drugstore
    Comprehensive side effect and adverse reaction information. What side effects can this medication cause?

  78. Some are medicines that help people when doctors prescribe. Everything what you want to know about pills.
    https://canadianfast.online/# non prescription erection pills
    Medscape Drugs & Diseases. Read information now.

  80. Definitive journal of drugs and therapeutics. Learn about the side effects, dosages, and interactions.
    canadian pharmacy cialis 20mg
    Everything information about medication. Learn about the side effects, dosages, and interactions.

  83. Get information now. All trends of medicament.
    prescription drugs
    Everything what you want to know about pills. Learn about the side effects, dosages, and interactions.

  90. safe and effective drugs are available. Cautions.
    https://tadalafil1st.com/# do you have to take cialis everyday
    Medscape Drugs & Diseases. Some are medicines that help people when doctors prescribe.

  93. Comprehensive side effect and adverse reaction information. Top 100 Searched Drugs.
    generic of cialis
    Medicament prescribing information. Prescription Drug Information, Interactions & Side.

  94. Some are medicines that help people when doctors prescribe. Learn about the side effects, dosages, and interactions.
    lowest price tadalafil
    Drugs information sheet. Comprehensive side effect and adverse reaction information.

  101. п»їMedicament prescribing information. Prescription Drug Information, Interactions & Side.
    buy tadalafil 20mg price
    Read information now. Comprehensive side effect and adverse reaction information.

  104. drug information and news for professionals and consumers. Long-Term Effects.
    https://tadalafil1st.com/# where to buy tadalafil in usa
    Read here. Prescription Drug Information, Interactions & Side.

  107. Everything what you want to know about pills. Some are medicines that help people when doctors prescribe.
    https://amoxila.store/ how to get amoxicillin over the counter
    Read here. All trends of medicament.

  177. cheap erectile dysfunction pill [url=http://edpills.pro/#]ed meds online[/url] best erectile dysfunction pills

  180. erectile dysfunction drugs [url=http://edpills.pro/#]ed medication[/url] what is the best ed pill

  184. ed drugs online [url=https://pillswithoutprescription.pro/#]canadian online pharmacies ratings[/url] most trusted canadian online pharmacy

  783. canadian online drug store: online pharmacy in india – canadadrugpharmacy promo code
    best online drugstores – internationalpharmacy.icu Offering a global gateway to superior medications.

  789. purchasing prescription drugs online: best rated canadian pharmacies – mexican pharmacies no prescription
    canada mail order drug – internationalpharmacy.icu They bridge the gap between countries with their service.

  1150. CURBSIDE PICK UP Station Casinos is open Mon, Tue, Wed, Thu, Fri, Sat, Sun. Anecdotally, a few years ago approximately 1 3rd of all money wagered at Station Casinos came via a mobile app. That number continues to grow, as more customers adopt the new technology. Some Nevada sportsbooks are seeing as much as 60% of wagers placed by mobile apps. Question: What are Station Charms? The STN Cash app will eventually be introduced at Barley’s Casino & Brewery and Wildfire Casinos in Las Vegas. This system, called Cardless Connect, has the potential to be huge. Not just for Station Casinos, but for casinos overall. These casinos include Red Rock Resort, Green Valley Ranch, Texas Station, Santa Fe Station, Palace Station, Boulder Station, Fiesta Rancho, Fiesta Henderson, Wildfires and Wild Wild West.
    https://riveromjg962962.fitnell.com/60356937/slots-real-money-mobile-for-south-african-players
    Party Casino continually changes its games selection based on player demand. However, NJ online players have many options, so they can afford to be choosy, not only about which games they play but where. Party Casino needs to increase the total number of games to remain competitive with the top online casinos in the NJ market. After using the No. 1 PartyCasino code NJSPINPLAY during registration, you’ll get a two-part bonus consisting of a deposit match and free spins. New Jersey is one of the most popular states in the US when it comes to online gambling, and players here have access to some of the best no deposit casino bonuses around. These bonuses are a great way to try out new games and casinos without having to risk any of your own money. Here are 5 Best No Deposit Casino Bonuses in New Jersey:

  1975. Hello!

    This post was created with XRumer 23 StrongAI.

    Good luck 🙂

  1983. Hello.

    This post was created with XRumer 23 StrongAI.

    Good luck 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *