Simpson Thacher advised FXCM Inc. on the initial public offering of shares of its Class A common stock. Credit Suisse, J.P. Morgan and Citi were the lead underwriters for the $242.5 million offering. The shares began trading on the New York Stock Exchange under the ticker symbol “FXCM” on December 2, 2010. FXCM is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.
The Simpson Thacher team for the transaction included Josh Bonnie, Lia Toback, Cristina Quintero and Eric Gyasi (Capital Markets); LeAnn Leutner and Chris Gaskill (Public Company Advisory Practice); Katharine Moir and Sean Austin (Tax); Alvin Brown, Aimee Adler and David Schneider (Executive Compensation and Employee Benefits); and paralegals Daniel Katt and Nicole Annunziato.
