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2012 Analyst Day Conference

October 2, 2012 New York Stock Exchange New York, NY

Thomas Porac Vice President, Investor Relations FXCM, Inc.

1

2

This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect FXCM’s current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,”“expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. FXCM believes these factors include but are not limited to evolving legal and regulatory requirements of the FX industry, the limited operating history of the FX industry, risks related to the protection of its proprietary technology, risks related to its dependence on FX market makers, market conditions and those other risks described under “Risk Factors” as such factors may be updated from time to time in FXCM Inc.’s most recent annual report on Form 10-K, FXCM Inc.’s quarterly reports on Form 10-Q and other SEC filings, which are accessible on the SEC’s website at sec.gov.

FXCM undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Non-GAAP Financial Measures: This presentation presents certain non-GAAP financial measures. These measures should not be considered in isolation from, or as a substitute for, measures prepared in accordance with generally accepted accounting principles. See the appendix to this presentation for reconciliations of these non-GAAP financial measures to the most comparable measures calculated and presented in accordance with GAAP.

Safe Harbor

Agenda

3

Time Section Presenter Topic

7:00 – 8:00am Registration / Breakfast with Management

8:00 – 10:00am General Session

Tom Porac Welcome

Drew Niv Industry / Company Update

Robert Lande Financial Overview

FXCM Retail

Sameer Bhopale Marketing

10:00 – 10:15am Break

10:15 – 11:45am

Michael Brescia IB Sales Overview

Brandon Mulvihill EU Initiatives

Siju Daniel Asia Update

11:45am – 12:00pm Lunch

12:00 – 1:30pm Institutional

Drew Niv Institutional Introduction

Andreas Putz FXCM Pro

Dmitri Galinov FastMatch

Dierk Reuter Lucid Markets

1:30 – 2:00pm Wrap-up / Mingle with Management / Platform Displays

Drew Niv President, Chairman, Chief Executive Officer FXCM, Inc.

4

Current Market Overview, Initiatives and Opportunities

5

Market is experiencing extended period of low volatility

Central bank intervention (Fed, ECB, BOE, SNB, etc.)

Blinded people’s perception of issues

Banks taking less risk due to balance sheet restrictions

Initiatives/Opportunities in Low-Volatility Environment

Cost Control

Expanding retail distribution through White Labels

China opportunity

Small client initiative

Acquisitions

Cost Control

6

Reducing Marketing spend

Revisiting technology contracts and spend

Restructured high-cost employee agreements

Reducing head-count in inefficient areas

White Label Opportunities

7

Greatest opportunity for growth in retail market

Since going public in 2010, have scored major wins:

E*Trade – February 2012

Barclays Stockbrokers – September 2012

Third will be even more impressive (US firm)

All major financial institutions will need to offer FX

Customers will demand the asset class

Big pipeline of large firms

FXCM’s is best company to partner with

Strong brand name and balance sheet

Agency model guarantees payment to WL’s

China Opportunity

8

FXCM is largest FX company in China

18% of trading volume comes from China(1)

Capital constrains limit FXCM’s presence

Often difficult to send funds out of the country

FXCM cannot accept RMB

Numerous indicators suggest China is opening up

Offshore CNH trading is growing

RMB deposits in HK are growing

(1) YTD through August 2012

Small Client Initiative

9

FXCM agency model highly effective

with larger clients

Pricing of agency model makes FXCM

not competitive with smaller clients

Spreads are often 2x of competitors

Dealing Desk model allows FXCM to

attract more clients while

simultaneously hurting competition

Acquisitions

10

FXCM remains in active discussions regarding acquisitions

Low volatility environment is hurting principal dealers

Valuations remain above accretive levels

Post MF Global/PFG Best regulation could have significant impact on retail

competitors

Robert Lande Chief Financial Officer FXCM, Inc.

11

FXCM – Financial Themes

12

Earnings power of FXCM has probably never been greater

Opportunities for growth – with or without a recovery in volatility

FXCM cash flow generation and alternatives to deploy cash

13

($ in millions)

Customer Cash Balance Total Active Accounts(1)

(1) An account that has traded at least once in the previous twelve months.

86,149

116,919

136,427

163,094

171,296 174,218

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

2008 2009 2010 2011 Q1/12 Q2/12

$253

$354

$464 $547

$711

$178

$138

$147

$362

$398

$200

$400

$600

$800

$1,000

$1,200

$1,400

2008 2009 2010 2011 Q2/12

FXCM ODL Japan

$1,255

$1,047

Strong Growth in Customer Equity

$641

Confidential

61% 63% 64% 64%

69% 70% 72%

74% 75%

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

Q2

2010

Q3

2010

Q4

2010

Q1

2011

Q2

2011

Q3

2011

Q4

2011

Q1

2012

Q2

2012

Standard Micro

14

Active Accounts Equity per Active Account

$2,500

$3,500

$4,500

$5,500

$6,500

$7,500

Q1

2010

Q2

2010

Q3

2010

Q4

2010

Q1

2011

Q2

2011

Q3

2011

Q4

2011

Q1

2012

Q2

2012

FXCM has been successful in attracting larger FX traders / account size

Growing Account Size / Success with Larger Accounts

Client Equity / EBITDA

15 (1) Adjusted Pro Forma results assume the conversion and exchange of all FXCM Holdings, LLC units into FXCM Inc. Class A shares, resulting in the elimination of the non-controlling interest and the

corresponding adjustment to the entity’s tax provision. In addition, Adjusted Pro Forma results eliminate certain non-recurring charges relating to FXCM Inc.’s initial public offering.

Adjusted Pro-Forma EBITDA(1)

$135

$104

$120

$112

$46

$-

$20

$40

$60

$80

$100

$120

$140

$160

2008 2009 2010 2011 1H 2012

($ in Millions) ($ in millions)

Customer Cash Balance

$253

$354

$464 $547

$711

$178

$138

$147

$362

$398

$200

$400

$600

$800

$1,000

$1,200

$1,400

2008 2009 2010 2011 Q2/12

FXCM ODL Japan

$1,255

$1,047

$641

FXCM has over 4 times the client equity today than in 2008 when it achieved record results

CVIX / EBITDA

16

(2) Adjusted Pro Forma results assume the conversion and exchange of all FXCM Holdings, LLC units into FXCM Inc. Class A shares, resulting in the elimination of the non-controlling interest and the corresponding adjustment to the entity’s tax provision. In addition, Adjusted Pro Forma results eliminate certain non-recurring charges relating to FXCM Inc.’s initial public offering.


$135

$104

$120

$112

$46

$-

$20

$40

$60

$80

$100

$120

$140

$160

2008 2009 2010 2011 1H 2012

($ in Millions)

5

10

15

20

25

30

CVIX(1)

Average 13.8 14.5 11.5 11.2 8.9

2008 2009 2010 2011 2012

(1) DailyFX 1-month CVIX

Addition of Lucid Markets

17 17

7.2

76.3

149.2

4.1

51.9

113.4

-

50.0

100.0

150.0

200.0

2009 2010 2011

Revenues EBITDA

US$ Millions

Progress in Reducing Costs

18

Excluding Lucid Q2/12 costs would have been $49.8M (for comparative purposes to previous quarters)

FXCM Inc. Operating Costs

Adjusted proforma basis; excluding referring broker fees,

depreciation & amortizationand one-time items

(US$ 000's)

12/31/2011 3/31/2012 6/30/2012

Compensation and benefits 23,681 21,109 19,830

Advertising and marketing 10,522 8,270 7,487

Communication and technology 8,309 8,380 8,611

Trading costs, prime brokerage and clearing fees 1,683 1,313 1,893

General and administrative 14,206 13,659 12,888

58,401 52,731 50,709

Three Months Ended

Recent Financial Results

19

$151

$258 $246

$279

$320

$151 $154

$-

$50

$100

$150

$200

$250

$300

$350

2007 2008 2009 2010 2011 H1

2011

H1

2012

(1) Adjusted Pro Forma results assume the conversion and exchange of all FXCM Holdings, LLC units into FXCM Inc. Class A shares, resulting in the elimination of the non-controlling interest and the corresponding adjustment to the entity’s tax provision. In addition, Adjusted Pro Forma results eliminate certain non-recurring charges relating to FXCM Inc.’s initial public offering.

Revenue Less Referring Broker Fees

($ in Millions)


$34

$135

$104

$120 $112

$54

$46

$-

$20

$40

$60

$80

$100

$120

$140

$160

2007 2008 2009 2010 2011 H1

2011

H1

2012

($ in Millions)

Opportunities for Growth without Changes in Volatility

20

Core EBITDA

Lucid

Institutional Migration

Small Client Initiative

Cost Reductions

White Labels

Increasing Non-Cash Items in Income

21

(1) Pro Forma for the acquisition of Lucid.

FXCM Depreciation, Amortization & Equity Based Comp(1)

$7

$10

$30 $29

$-

$5

$10

$15

$20

$25

$30

$35

2009 2010 2011 1H 2012

($ in Millions)

FXCM Operating Cash Flow(2)

$94

$110

$88

$40

$-

$20

$40

$60

$80

$100

$120

2009 2010 2011 1H 2012

($ in Millions)

(2) Net income plus depreciation, amortization & equity based compensation

Strong Balance Sheet

22 • Under U.S. GAAP. Certain totals may not foot due to rounding.

June 30, December 31,

2012 2011 $ Change

Assets

Current assets

Cash and cash equivalents 214,000$ 184,721$ 29,279$

Cash and cash equivalents, held for customers 1,254,668 1,046,983 207,685

Other current assets 63,416 27,313 36,103

Total current assets 1,532,084 1,259,017 273,067

Office, communication and computer equipment, net 48,758 39,686 9,072

Intangible assets and goodwill, net 418,576 80,656 337,920

Other assets 133,328 107,774 25,554

Total assets 2,132,746$ 1,487,133$ 645,613$

Liabilities and Equity

Current liabilities

Customer account liabilities 1,254,668$ 1,046,983$ 207,685$

Credit Agreement 45,000 - 45,000$

Note payable 87,162 - 87,162$

Other current liabilities 82,631 76,034 6,597

Total current liabilities 1,469,461 1,123,017 346,444

Other liabilities 106,671 70,683 35,988

Total liabilities 1,576,132 1,193,700 382,432

Commitments and Contingencies

Stockholders' equity

Total stockholders' equity FXCM Inc. 199,095 95,421 103,674

Non-controlling interest 357,519 198,012 159,507

Total stockholders' equity 556,614 293,433 263,181

Total liabilities and stockholders' equity 2,132,746$ 1,487,133$ 645,613$

See accompanying notes to the consolidated financial statements.

Options for Cash Flow Deployment

23

Acquisitions

Share buybacks

Dividends

Sameer Bhopale Chief Marketing Officer FXCM, Inc.

24

Our Global Reach

25

FXCM Advertising Focus

26

Highly cost efficient as we do almost all marketing in house. Rarely use agencies Understanding of different channels and campaigns we run

Heavy digital presence for over 10 years. Heavy emphasis on digital campaigns allows us to target

specific messages to niche demographics

Media buying team works closely with sales to understand our business

How we know the right message New messaging is tested frequently per niche channel

Weekly and quarterly analysis clicks, CTR%, cost to conversion ratios, cost per lead and cost per

account for every creative series

Frequent discussions with local sales teams to brainstorm and collect feedback

Flexibility to change messaging Creative messaging that addresses current market issues can be rolled out in a matter of weeks

Direct relationships with vendors means we can quickly buy media placements to ensure optimal

exposure

Direct discussions with sales teams means we can address deficiencies of information in the market

Reporting Capabilities Weekly review of cost per impressions, clicks and leads

Ability to quickly run numbers whenever possible in changing market conditions

Search

27

Understanding of our audience and how they are searching for us Over five years of specialty knowledge of the forex search space

Manage dedicated search accounts in over 40 countries and target 220 countries overall

Search segmentation into channels by behavior (e.g., automated trading or beginners) allowing us to

target and refine the ads and more closely optimize performance

Why we do PPC and efficiencies search brings to lead generation Ability to monitor search performance beyond the lead level which is standard, monitoring to the account

level ensures increased efficiency

Conversations are traded to the keyword level to ensure greater efficiency

Over the past five years, we have reduced the budget by half while increasing accounts

Reporting Weekly review of overall impressions, clicks, leads and accounts

Monthly keyword review – granular and extensive review per ad per keyword

Ability to manage large volume of long tail keywords; keywords tracked quarterly

Brand Building & Collaborative Integration

28

Collaboration with Joint Venture Partners (E*Trade, Barclays)

Pass on industry insight and knowledge transfer

Marketing strategy and positioning

Allows large brand partners to launch FX offerings and take to market faster

Coordination of marketing message allows FXCM and partners to take away local

incumbent firms market share

Audience research and message

Can take existing message or communication and adapt per partner

Marketing Partnerships

Align with educational firms to begin offering forex trading and education

Firms have pre-existing reach into our core audience demographics, thus leveraging

databases

Results in cheaper advertising costs

Client Mix – Low-end Retail Client Acquisition

29

Low barrier to entry for account opening with minimums at $50

Offering both execution models to further differentiate from competition.

Allows FXCM to target additional demographics (cost conscious trader)

Diverse technology offering – clients use 1 login

FXCM Trading Station

Metatrader 4

Tradency Strategy Platform – provides pre-made professional strategies which

can be automated with 1 click

Ninja Trader Platform – popular futures trading platform used for high

performance strategy automation

Client Mix – Low-end Retail Client Messaging

30

No Dealing Desk/Agency Execution – our primary and preferred message to clients.

Emphasis on quality of execution.

No re-quotes; anonymous order execution; no restrictions on strategies; competitive market

driven prices

Long standing differentiator and high brand association. Forex traders already associate

and know No Dealing Desk is synonymous with FXCM

Dealing Desk/Principal Execution – secondary offering with emphasis on lower pricing

Focus lower pricing & lower transaction costs

Straight forward that we take the other side of client trades

Why Two Offerings:

Only firm in industry to offer Agency and Principal model -> Client’s Choice

Allows FXCM to capture both demographics by providing choice. Previously FXCM was

losing out on traders whose only concern was low pricing, regardless of execution method.

Awareness – by providing both models, FXCM is now able to educate market on our

primary No Dealing Desk with more honesty and credibility by offering both options side-by-

side and letting clients choose.

Client Mix – High-end Retail Client Acquisition

31

Active Trader Messaging

Reduction in minimum offering to $25K to allow traders to try FXCM technology

and services to dip their toes in the water

Elite pricing via reduce spread offering incentive for high deposit and high volume

traders

Specific private client service reps for continuous high touch point communication

Premium Service

Access to custom programming and custom API’s

Accessibility to in-hour analysts

Analyst On Demand Program – provides access via a trading room (chat) to an

analyst throughout the day to help confirm trade idea

Early research access before disseminated to public

Global Diversity

32

International Strategy

33

Challenges

Lack of brand presence previous to opening local office

Language differences adds another layer of complexity when marketing locally

Local media very small in comparison to United States which results in lack in

number and variety of digital exposure

As a result costs are higher to advertise

Regional Focus

Physical in-person seminars provide higher brand exposure, high touch point

interaction for sales team efficient acquisition costs

Heavy brand exposure and collaborative partnerships with the main 1-2 websites

which have exposure to the FX and CFD audience in each region

Partnering with well known trading personalities in each region

Market Testimonials

34

United States

#1 Forex provider. Market share by number of primary relationships among current retail forex traders.

#1 in Online Education Materials

#1 in Overall Client Satisfaction

United Kingdom

#1 in Online Education Materials

Australia

#1 Overall Client Satisfaction

#1 for Forex Research

Germany

#1 Charting, Research and Education Materials

France

#1 FX provider by market share

#1 Overall Client Satisfaction

#1 Educational Materials

Agenda

35




Tom Porac Welcome



FXCM Retail


10:00 – 10:15am Break

10:15 – 11:45am




11:45am – 12:00pm Lunch







Michael Brescia Managing Director, Institutional Sales FXCM, Inc.

36

White Label Growth Potential

37

White Labels are one of the FX industry’s fastest growing opportunities.

Until a few years ago, retail FX was mostly offered by true FX firms. There

were a handful of WL’s in Europe and Asia, and a few in North America. But

most of the business was done via FX firms.

Within the past few years, more main-stream financial institutions such a

banks, equity firms and futures firms have added retail FX as an asset

offering.

Introduction or enhanced regulations along with profit potential have been the

main impetus for financial firms to enter FX.

The Case for White Labeling

38

Market Expertise

Technology

Customer Support

A financial firm will need to have intimate knowledge and expertise on marketing to FX traders and converting existing equities and futures client base.

A financial firm will need a robust back-office, middleware, risk management, and front-end trading capabilities.

A financial firm will need to train, possibly register, and dedicate staff on a 24/7 hour basis. This includes, client-facing sales and support, operations, compliance, etc.

Financial Requirements

A financial firm will need to maintain registration of its individuals, possibly have registered branch managers, and develop separate FX unique compliance procedures and protocols with dedicated staff.

A minimum of $20 million in the US. Most advanced countries require a sizable capital.

Compliance

Liquidity A financial firm will have to establish liquidity relationships, dedicate funds as collateral, and manage the risk with a dedicated dealing desk.

The Case for FXCM as a White Label Partner

39

Market Expertise

Technology

Customer Support

FXCM has over 10 years experience with White Labels including some of the most high profile cases such as MF Global, dbFX, E*Trade and Barclays Stockbroker.

We provide a complete back to front-end proven solution. We have the capability to offer customized solutions. API capability for reports and 3rd party partner back-office.

Appx. 800 salaried employees speaking over 16 languages. FXCM can easily dedicate both a wholesale team and even WL customer service for our partners.

Financial Strength

FXCM is regulated in over 5 jurisdictions with offices in over 10 countries. Our vast global expertise in compliance matters allows us to understand local regulatory need.

FXCM has over $1.2 billion in assets, $125 million in capital, and 2011 total revenue of $415 million. Our balance sheet can be used to cover collateral of a WL.

Compliance

Liquidity

FXCM can provide complete liquidity services and pricing either through its GUI or API without the partner firm incurring any trading costs or risks.

The Case for an Omnibus Partner

40

Some firms have the technical ability to add FX as an asset class such as

their own front-end or have licensed a third-party FX platform

Risk Management &

Technology

A financial firm that has its own trading front and back-end can use an API to our back-office for risk management such as margin watcher.

Liquidity Most omnibus clients have a stand alone platform and only need retail friendly liquidity.

The Case for FXCM as an Omnibus Partner

41

Risk Management &

Technology

Several financial firms use only our back-office software connected to their front-end.

Liquidity

FXCM can provide interbank quality spreads to omnibus clients with agency execution from liquidity providers that understand the retail market.

Case Studies of FXCM Partners

Abstract In order to offer their clients

true access to other asset

classes, ET chose FXCM to

assist in the creation and

management of its FX

product.

Kim Eng is one of Singapore’s

largest brokers and owned by

Maybank, one of S.E. Asia’s

largest financial

conglomerates.

The Business Issue As one of the largest and

most well known brands in

online trading, ET did not

have the experience or

technology to create an FX

offering by itself.

Kim Eng was looking to

replace its current FX

software with a new platform

and back-office that meet

local regulatory requirements.

Our Solution FXCM grey-labeled its

technology, customized the

logon and user experience to

mimic the look, feel and

navigation of a live ET user.

We set up a dedicated

overnight team to handle their

customer service.

We customized our software

to meet their MAS

requirements including

enhanced login credentials,

pop-up disclaimers and layout

changes.

The Results FX is now a seamless part of

their offering. An ET client

can trade FX without leaving

ET’s website.

KES’s new platform will be

stable, regulatory friendly and

offer KES the ability to expand

beyond its natural client base.

42

Brandon Mulvihill Managing Director, European Sales FXCM, Inc.

43

About FXCM Europe

44

London serves as FXCM’s regional headquarters in Europe

Approximately 100 employees are located in Europe

European offices include:

Paris

Berlin

Milan

FXCM is regulated in the UK by the Financial Services Authority (FSA)

Europe Overview

KPI % Growth (Jan – Aug 2012)

vs. 2011

Leads (7%)

Net New Accounts 14%

Trading Volumes (Total) (3%)

Trading Volumes (CFD’s) 70%

45

Success within Europe 2012

46

Agency Execution Model Customer Types

New entrants

Switchers

Principal

Execution

Advantages

Agency Execution

Advantages

Low Transaction

Cost

No conflict of

interest –

anonymous

trading

Speed of

Execution

No trading

restrictions

No strategy

Restrictions

No re-quotes

Success within Europe 2012

47

Quality Resources

DailyFX and DailyFX Plus

DailyFX Forum

Seminars

Webinars

Agency Execution and Quality Resources

48

Investment Trend Awards where FXCM ranked #1

France

#1 in FX market share

#1 in Client Satisfaction

Germany

#1 in Best Education Materials for FX

#1 in Best Range of Research Tools for FX and CFD

#1 in Best Charting Provider for FX and CFD

United Kingdom

#1 in FX Education

White Label Success

49

Signing more well know, bigger WL’s since going public

WL’s are attracting high net worth customers

Barclays Stockbrokers

GVC Gaesco

Bourse Direct

White Label – Barclays Stockbrokers

50

350,000 UK execution only brokerage clients

UK’s number one retail stockbroker by trades(1)

(1) Data provided by Compeer, covering trades by the whole UK private client execution only sector, as at the end of August 2012.

White Label – GVC Gaesco

51

Founded in 1948

Approximately €3 billion in assets

More than 24,000 clients

18 offices across Spain (1) Statistics taken from https://www.gvcgaesco.es/

https://www.gvcgaesco.es/




White Label – Bourse Direct

52

More than 65,000 live customers(1)

Approximately 2MM trades per quarter through Bourse Direct platform(1)

(1) Statistics taken from http://www.boursedirect.fr/information-reglementee.php?soc=4&rub=202

http://www.boursedirect.fr/information-reglementee.php?soc=4&rub=202




Challenges Within Europe

Agency Execution

Example

Principal Execution

Examples

FXCM Saxo Bank

LMAX(1) IG Markets

CMC Markets

City Index

GFT

Cyprus brokers(2)

53

Discounted execution model

(principal execution)

Breadth of trading production

(1) LMAX started in October 2010. (2) There are dozens of Cypriot brokers, nearly all sell a principal execution model.

European Initiatives 2012 and 2013

54

Principal Execution Offering –

addresses the “price war”

Customers have the choice

of agency or principal

execution

Regardless of execution

choice, all clients have

access to DailyFX, DailyFX+,

the forums and more

Eliminates no-requotes

Principal

Execution

Advantages

Agency Execution

Advantages

Low Transaction

Cost

No conflict of

interest –

anonymous

trading

Speed of

Execution

No trading

restrictions

No strategy

Restrictions

No re-quotes

Phoenix (Multi-Asset Platform)

55

Addresses “product war”

Multi-asset offering includes: stocks, futures, options, CFDs and FX with

cross-margining capabilities

Front and back office customization; HTML5 platform

Siju Daniel Managing Director, FXCM Asia FXCM, Inc.

56

FXCM Asia - Background

57

• Established in 2003, FXCM ASIA was one of the first to offer online

margin FX in Hong Kong

First Mover

• From its base in Hong Kong, FXCM ASIA serves clients throughout

the APAC region

Asia Pacific Headquarters

• Operating as a separate full service entity within FXCM, FXCM ASIA

has the scale and resources to implement FXCM’s global strategy

on a local basis, resulting in strong brand recognition throughout

APAC and especially China

Localized Strategy

FXCM Asia – Size & Scale

58

• Over 100 professionals operating across multiple specialties to

service clients

Size

• Currently provides service in Mandarin, Cantonese, various

Chinese dialects, Japanese, Indonesian, Vietnamese, Malay,

Hindi and Tagalog

Multilingual Capabilities

• Client service is provided on a 24/6 basis via live chat, email

and telephone.

Client Service

• FXCM ASIA also operates a full service dealing desk primarily

to cater to clients in the region and acts as a backup facility to

NY’s dealing room

Dealing

FXCM Asia – Presence & Research

59

• FXCM ASIA operates a highly popular investor center within the

prime business and commercial district of Central

Investor Center

• Investor center is open for walk-in clients, private consultations,

account openings, administrative inquiries and more

Accessible

• FXCM ASIA conducts over 100 in-house seminars per month,

in addition to 2 large scale Expos and regional events

throughout China and SEA

Events

FXCM Asia – Products & Resources

60

• FXCM ASIA offers margin FX, metals and index products.

Clients also have access to platinum service accounts, systems

trading, mobile trading applications and various platforms

Products

• Numerous resources including educational courses, webinars,

trading signals, SMS alerts and more available in multiple

languages

Resources

• Operates www.dailyfx.com.hk one of the most popular Chinese

language websites dedicated to FX. Dailyfx.com.hk offers news,

analysis, and market commentary on a 24 hour basis while the

market is open

News & Analysis

http://www.dailyfx.com.hk/

FXCM Asia – Client Distribution & Profile

61

China 76%

Malaysia 9%

Taiwan 4%

Hong Kong 4%

Indonesia 2%

Vietnam 2%

Brunei 1%

Philippines 1%

Other 1%

Source: New Accounts Distribution July 2011-July 2012

★ Active Traders ★ Speculative in nature ★ Familiar with major drivers of FX ★ Finely tuned to global commodity prices

Opportunities - Internationalization of the RMB

62

Structural changes in China are opening up its capital markets

China is making swift strides and acting on its plan for the RMB to become an

international reserve currency

Internationalization will allow for more flexibility in sending and receiving

payments, and potential investments

Opportunities - RMB Deposits in Hong Kong

63

RMB Deposits in Hong Kong

Rapid expansion in offshore RMB market since 2008

RMB deposits in Hong Kong have surged to over ¥400 billion

30x growth

in 4 years

64

Opportunities - Development of CNH Market

Innovative off-shore RMB products have led to greater

international exposure

CNH – offered in HK; demand for CNH trading has steadily risen with daily

volume estimated between ¥3-4 billion

HK Exchange as well as CME has recently launched CNH futures due to

increasing demand

London, Singapore, Taipei and Dubai are among global cities vying for a

share of the offshore RMB business

65

Opportunities - Regulatory Changes

Expansion of Qualified Foreign Institutional Investor Program (QFII)

QFII program quota has grown in multiples:

2002: US $1-2 billion

2011: US $30 billion

2012: US $80 billion

Shanghai Pilot for Foreign Hedge Funds

Wenzhou Pilot Initiative

66

Opportunities – Hong Kong: The Gateway to China

Cross border capital flow is relaxed and pilot programs have been

implemented for domestic PRC investors to invest in Hong Kong markets.

FXCM is in the process of acquiring a securities license in Hong Kong to tap

into this potentially significant market.

Tremendous cross-selling opportunities for core FXCM products

Opportunities – Volume Growth

$134

$212

$411 $418

$593 $642

$-

$100

$200

$300

$400

$500

$600

$700

2007 2008 2009 2010 2011 2012(1)

China Trading Volume

Trading Volume ($Bn)

67

FXCM’s size and scope in HK have led to increasing volumes from China.

With changes in China leading to a greater opening up of the capital markets,

the opportunity for growth in the future is substantial and can present a

potential (1) Eight months of 2012 annualized.

Opportunities – South East Asia (SEA)

68

There are several rapidly growing and developing economies in SEA. This

region presents:

A large population

Growing number of internet users

Active speculators

Limited investment products domestically

Indonesia, Philippines and Vietnam are part of the next eleven nations (N-11)

Along with BRIC’s, these nations have a high potential of becoming the world’s

largest economies in the 21st century.

Opportunities – SEA (Indonesia)

69

4th most populated country in the world

Top 5 country with highest internet

users

Source: Internet World Stats

Opportunities – SEA (Indonesia)

70

To capture growth in SEA and Indonesia, FXCM has developed in-language sites,

hired native language speakers, and created customized product offerings to suit local

needs.

FXCM Asia – Positioned to Capture Growth

71

348 451 461 459 490

387

250

269 316

271 272

275

106

89

124 112 95

101 118

128

141

131 128

106

-

200

400

600

800

1,000

1,200

Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012

Volume by Region (Billions)

Asia EMEA US ROW

$869 $822

$938

$1,042 $972 $985

Asia’s volume and its

contribution to global

volume is on an upward

trend.

72

With a strong regional footprint, FXCM is poised to benefit from the growth

stories in the region.

Agenda

73




Tom Porac Welcome



FXCM Retail


10:00 – 10:15am Break

10:15 – 11:45am




11:45am – 12:00pm Lunch







Drew Niv President, Chairman, Chief Executive Officer FXCM, Inc.

74

Institutional Overview

75

Over past few months, FXCM has made multiple steps to boost institutional

business

Migration to ECN

Lucid acquisition

FastMatch JV

Institutional Framework:

Size of opportunity

Future of institutional FX

Fit between FXCM Pro, Lucid and FastMatch

Institutional FX Market Opportunity

76

Institutional market is extremely large and FXCM Pro is only a tiny player

Name Weakness Q2 2010 ADV

($Bn)(1)

Q2 2011 ADV

($Bn)(1)

Q2 2012 ADV

($Bn)(1)

FXCM Pro Pricing $ 3 $ 3 $ 6

FX All

Old technology; caters

mostly to corporate clients

(not for ECN/speculative

clients)

$ 62 $ 86 $ 92

EBS Old technology; not good

for HFT’s & algos $ 172 $ 166 $ 126

Reuters Old technology; not good

for HFT’s & algos N/A $ 153 $ 143

CME Business conflict with FX

dealer community $ 129 $ 127 $ 113

Hotspot Last generation technology N/A N/A $ 28

Currenex(2) Market unfriendly

technology $ 100 $ 100 $ 100

Total $ 608

(1) Data taken from company websites. (2) FXCM estimate.

Clients on single-bank platforms are estimated 2x ADV

Future of Institutional FX

77

Post Dodd-Frank

FX is purposely not covered under Dodd-Frank

FX is vital to capital flows of import/export businesses

Governments need FX for international borrowing/lending

Post Volcker Rule

Basel III reduces ability to carry risk and places profits under pressure

People intensive operations with fixed costs experience dramatic compression of

net profits

Post 2008, traditional dealing rooms replaced performance linked compensation

with higher fixed salary on a material scale

Lows cost trading business building is very different from rows of people in

traditional dealing room

Taking clients to events is no longer a high impact sales strategy to capture order

flow from algorithmic client execution engines and “smart” routing computers

Fit Between FXCM Pro, FastMatch and Lucid

78

FXCM Pro & FastMatch

FXCM Pro ECN covers GUI traders

FastMatch platform meant for HFT traders

Combination of platforms will completely in-source technology

FXCM Pro & Lucid

Better customer profiling allows for customized pricing

More depth and liquidity

New asset classes

Andreas Putz Managing Director, FXCM Pro FXCM, Inc.

79

FX is Growing Big and we have an Advantage

80

FX is the largest and most liquid market in the world

24-hour trading action for 5.5 days a week

Foreign Exchange is an integral & central part to international commerce,

exchange of goods & services, and international investments

FXCM Pro - Overview

81

24-hour capability with an initial staff of 8 sales people

Many clients already set up to trade

Lower cost of entry due to economies of scale

Already in FX business so easier to add other FX capabilities

Agency Desk able to leverage off existing infrastructure of the firms

Technology, operations, compliance, outstanding PB relationships, etc.

FXCM is a very successful firm in the FX market which adds credibility and

know-how to the Agency product offering

FXCM Pro Client Types

82

Participants in the FX markets:

Tier I and II banks

Regional and super-regional banks in EM countries

Trading houses (HFT’s & Prop. trading firms)

Investor clients (Funds, Asset Managers, etc.)

Corporations with international exposures

Retail brokers

FXCM Pro Client Reach

83

Seamless global sales and support with local support and global reach

Direct Sales Teams:

Hong Kong

London

New York

Dovetailed Sales Teams:

Tokyo

Paris

Berlin

Milan

FXCM Pro has among the largest distribution sales & support networks in the

industry, but through smart placement of people & resources, keeps low

production costs.

FXCM Pro Distribution

84

Major global financial centers:

Tokyo

Hong Kong

Singapore

Frankfurt

London

New York

Non-financial centers such as:

Mainland China

Thailand, Malaysia, Indonesia

India

Russia and ex-Russian republics

Turkey, Lebanon, Gulf states

Latin America

FXCM Pro Current State

85

During the recent 3-5 months the FX market volumes have shrunk

dramatically (beyond usual seasonal adjustments)

Confusion on regulatory requirements

Banks are taking less risk

Traders are highly sensitive about publicity and putting through less big traders or

throttle down HFT activity

Legacy business is declining

Current Market Place Structure

86

F

X

C

M

P

R

O

Price Makers Price Takers

Bank A

Bank C-Z

Client 1-999

Bank B

FXCM Pro ECN Market Place

87

FXCMPro

Bank A

Client 1

Bank B

Client 1-999

Bank C

Client 2

Bank D-Z

Unique Market Opportunities for Client Matching

88

In addition to operating a market place, the new technology permits us to:

Banks will look for ECN’s (brokers) to deliver them new client business:

Banks have high operating costs

Credit risk tolerance is declining due to high cost of capital

Banks have difficulty reaching clients in regions where they have no sales distribution

Trading houses and HFT’s have no distribution network

Clients with similar market interest can be placed in rooms to conduct business

with each other:

Segmentation of clients by trading speed

Separation of clients with similar trading size

Custom tailor pools of liquidity for clients to transact business in:

By time zone or region

By currency types such a Nordic, Asia or Latin America currencies

Future of Institutional FX

89

Last 20 years people went from spot to structured products & derivatives

Structured products & derivatives provided an opportunity to make a larger return

on your investment, but I also came with a far greater risk.

Due to the recent fall out of major banks, people have lost faith and have started

to move back to FX.

This movement will have a large impact on banks:

Banks have high operational costs: sales, ops, etc.

Not built for vanilla instruments/low-cost products

More conservative balance sheet, less risk on the books

Dmitri Galinov Chief Executive Officer FastMatch

90

FastMatch - Overview

91

FastMatch is an independent Spot Foreign Exchange ECN.

The new ECN is based on Crossfinder Equities matching engine, the

technology behind the world’s largest dark pool.

FastMatch is a fast, transparent ECN with a unique liquidity profile.

FastMatch has different rooms for different customer segments: Retail – Flow from retail aggregators (FXCM, Gain, Alpari)

GUI – Flow from manual traders using a GUI

General – Open to everyone (Banks, GUI, Hedge Funds, HFT’s)

Bank to Bank – Only CLS banks can trade; no HFT’s or hedge funds

FastMatch - Management

92

Dmitri Galinov (CEO) Headed Crossfinder dark pool for Credit Suisse. Was responsible for making Crossfinder

the largest dark pool in the world.

Prior to Credit Suisse – Director of Strategy of Direct Edge. Helped a company grow from a

small player into one of the major US trading destinations.

Received a B.B.A. in Finance from Baruch College and an M.B.A. in Finance from the Stern

School of Business at New York University.

Vladislav Rysin (CTO)

Was Partner and Chief Technology Officer of Troika-Dialog – the largest private asset

management and investment bank in Russia

Prior to Troika-Dialog – Global Head of Fixed Income and Derivatives Electronic Trading IT

at Credit Suisse

Received a Masters Degree in Engineering from Kiev National University of Construction

and Architecture

FastMatch’s Technology Platform

93

Based on Crossfinder – largest equities crossing system in the world

Processes 300 million orders a day; executing 500 million shares a day in 5,000

instruments

Handles several thousand clients simultaneously

Round trip speed: 100 microseconds average; 200 microsecond 99.9th percentile – 10

times faster than the fastest competitors

Started in Equities - expanded to Government Bonds and now Foreign Exchange

System is written in C++ language, operating on Linux platform

Proprietary developed FIX engine

Located a NY4 Equinix Secaucus secure facility

Algorithmic Trading is Growing

94

Electronic Trading Methods Broken Down

95

Market Volume Projected to Grow

96

How is FastMatch Different?

97

Fast and Scalable Technology Average round trip response within 100 microseconds with 200 microsecond 99.9th

percentile.

No limit on quote or order processing rate.

Clients can cross connect in London and Secaucus, NJ

Innovative Functionality and Transparency

Price/Execution; Speed/Size/Time Priority

See only tradeable quotes; real-time reporting of deals with prices and sizes

Diversified pool of liquidity (Retail, GUI, HFT, Algos, Banks)

Ability to select counterparties for participation

Pricing based on flow quality

Superior Quality Order Flow

Utilizing FXCM’s World Wide Sales Network and FastMatch’s superior technology, we will

connect Institutional clients with non-traditional but very active client base.

Competition

Name Ownership Q2 2012

ADV ($Bn)(1)

ACK Latency

(in milliseconds)(2)

EBS ICAP $ 126 1.7

Reuters ThomsonReuters $ 143 15

CME Public $ 113 4.5

FX Alliance ThomsonReuters $ 92 2.0

Currenex State Street $ 100(3) 1.7

Hotspot Knight $ 28 3.7

FastMatch Consortium 0.1

98

(1) Data taken from company websites (2) Data based on user feedback (3) FXCM estimate

Dierk Reuter Partner Lucid Markets

99

Lucid - Management

100

We are principal traders who were trained as computer scientists,

mathematicians and physicists. Matt Wilhelm is co-founder.

We build fully automated algorithmic trading businesses.

Founders have 25+ years experience in top banks free from material losses.

Tier 1 Institutional experience operating FX Market Making, Interest Rates

Electronic Trading, Equity Quantitative Trading and Equity Option Market

Making.

We have a history of launching successful new businesses: GS FX & Equity

Options MM; Launch of ICE; FXAll and DB Algorithmic FX Market Taking.

Founders of Lucid Markets were FXCM’s 1st source of liquidity (1999)

Lucid Markets Success Based on Attention to Detail

101

We have grown to one of the top buy-side trading firms in FX.

We enjoy high leverage and safety from full automation.

We trade at lower COGS than most competitors

Trade efficiently in public markets: EBS, Reuters, CME, Hotspot, Currenex,

Accelor and FXCM Pro

Trade efficiently with named counterparties

We recognize that FX is very different from equities:

FX: one instrument is 50% of market; 10 instruments are nearly the whole market

Equities: 1,000’s of instruments

Risk Control

102

Maximum position exposure is very small when compared to trading volume. We

trade liquid instruments with positions small enough flatten at a reasonable cost in

seconds or minutes.

Strict limits are enforced on the rate of order placement and trade volume throughput

to limit market impact and losses from out of control trading.

A human is responsible at all times. Dead-person switch ensure that trading is

automatically stopped in the event of incapacitated human supervision.

Rigorous safety checks - multiple independent circuit breakers monitor each part of

trading: order submission, trade capture, reconciliation with brokers, real-time profit

and loss.

Degradation of system health generates alerts and auto shut-down of the business

when appropriate.

Human operational control limited to on/off/risk switch; no tweaking of model “knobs.”

Well Positioned to Fill Void of High-Cost Operators

103

Dodd-Frank, SEF Rule and Volcker Rule

Imposes price transparency and restricts proprietary trading

Large sections of OTC trading will be moved to electronic exchanges

Centralized will lower transactions costs

Expand revenue in our existing business as others pull out.

Assist FXCM monetization of dealing desk business using best of breed risk

management and low cost hedging.

Monetize from the Institutional client base

Capture more market share from each client

Expand asset classes: Futures, US Treasuries, FX Forwards & Options,

Commodities

FXCM & Lucid Merger

104

Combined companies creates a narrow spread retail offering leveraging

Lucid’s low-cost hedge execution.

Assumes tough market conditions for extended period of time.

Combines Lucid’s trading skills & FXCM’s balance sheet and distribution to

expand liquidity offering to more institutional clients.

Controlled costs.

FXCM & Lucid Merger

105

Current low volatility environment may continue for some time to come:

5

10

15

20

25

30

9/3/2007 9/3/2008 9/3/2009 9/3/2010 9/3/2011 9/3/2012

5-year CVIX(1)

5

10

15

20

25

30

7/25/2012 8/24/2012 9/23/2012

3-month CVIX(1)

(1) DailyFX 1-month CVIX

FXCM Bios

106

107

Tenure with FXCM: 13 years

Tenure in the FX Market: 15 years

Education: Mr. Niv graduated from the University of Massachusetts in 1995.

Drew Niv

Chief Executive Officer, FXCM

Mr. Niv has been instrumental in the success of two online foreign exchange firms. Prior to co-founding FXCM, Mr. Niv served as Director of

Marketing for MG Financial Group. His efforts were pivotal in transforming an unknown company with less than 250 clients into one of the early

industry leaders with over 1000 clients in less than 18 months. Mr. Niv’s accomplishments at MG Financial Group include building the firm’s

Sales Department, creating the most popular website for currency trading news, and establishing a network of introducing brokers for the firm.

In 1999, Mr. Niv left MG Financial to start FXCM. At FXCM, Mr. Niv is primarily responsible for creating and coordinating marketing initiatives,

strategic alliances, and personnel decisions. The company was immediately successful, and by the end of the first year was trading $250

million a month.

Since then the FXCM Group has grown to become one of the largest companies in retail forex, with more than 195,000 tradable accounts on

platforms offered by FXCM in over 180 different countries. In December of 2010 FXCM became a publicly traded company on the New York

Stock Exchange, another pivotal moment in the history of the company led by Mr. Niv.

Niv attributes FXCM’s success to an “iron focus” on customer service, and to the fact that it has been the driving force behind many

innovations in the retail industry, including the introduction of mini accounts and delivery of live streaming market analysis to clients. FXCM is

proud to have spearheaded bringing No Dealing Desk execution to the forex market in 2007. Other brokers and platforms are now following

suit.

The company services clients from regional headquarters in New York, London, and Hong Kong; with local offices in Australia, Italy, Greece,

Germany, Dubai, and France it maintains websites in 12 languages, and personalized customer service over a dozen languages.

108

Tenure with FXCM: 2. 5 years

Education:A Chartered Financial Analyst, Mr. Lande holds an MBA from Concordia University and a B.A. in Economics

from McGill University in Montreal.

Robert Lande

Chief Financial Officer, FXCM

Mr. Lande serves as the Chief Financial Officer of FXCM Inc since January 2010. Formerly, Mr. Lande was Managing

Partner of Riveredge Capital Partners LLC, a New York-based investment firm. Prior to Riveredge Capital, Mr. Lande

worked 17 years within the BCE/Bell Canada group where his last position was Chief Financial Officer of Telecom Américas

Ltd., a joint venture between Bell Canada International, SBC Communications and the Telmex group.

109



Education: BA in Economics, Binghamton University

Sameer Bhopale

Chief Marketing Officer, FXCM

Sameer Bhopale began his career at FXCM as a Customer Service and Sales Representative in 2004. In 2006, Mr. Bhopale

was moved to become a Premium Service and Sales Representative, working with high net worth clients. Over the course of 2

years, Mr. Bhopale quickly moved through the ranks of FXCM’s sales team being promoted from a Team Leader, to Vice

President of Sales, and in 2007 named the Senior Vice President of Sales. After the remarkable work done with the Sales

team management took Mr. Bhopale’s experience in the FX market from a sales perspective and in 2008 promoted Sameer

and moved him into the position of Senior Vice President of Marketing. After stellar results Sameer was names Chief

Marketing Officer in 2010. Prior to FXCM Mr. Bhopale worked as a Financial Services Consultant with Accenture.

110



Education: Catholic University

Michael Brescia

Managing Director, Institutional Sales

Michael Brescia has spent his entire career as an Introducing Broker Manager. In 2002 Mr. Brescia managed the RefcoFX

IB department which was responsible for approximately 60% of RefcoFX revenue. Shortly after the closing of Refco Mr.

Brescia took control of the FXCM IB department, where he has managed to solidify some of the biggest IB deals in FX.

111


Tenure in the FX Market: 8.5 years

Education: BA in Economics, University of California at Davis

Brandon Mulvihill

Managing Director, European Sales

Brandon Mulvihill started with FXCM as a Sales Associate in the regional office in San Francisco, in 2005. Within 3 years,

Mulvihill was managing the FXCM's Sales Desk during Asia market hours which led FXCM in account growth during this time.

In 2008, from FXCM's New York headquarters, Brandon managed Deutsche Bank's dbFX, a WL product of FXCM. In 2009,

Bandon helped launch FXCM's Active Trader division. In 2010, Mulvihill was promoted to Managing Director of European

Sales, which is his current role based in FXCM's European headquarters in London. Mulvihill started his career in retail FX in

2004 as a Sales Executive for a boutique MT4 provider.

112

Siju started as a Sales Associate on the FXCM Euro desk, and was quickly promoted to Manager. He later transitioned

to the US desk. After proving his managerial skills and growing his knowledge base, Siju became Vice President of the

FXCM San Francisco Sales Office. Moving up the rank, Siju then moved to the east coast and became a Managing

Director of FXCM NY Sales. Siju is now the CEO and Director of FXCM Asia and is based in FXCM’s Hong Kong office.

Prior to FXCM, Siju spent 1 year as an associate at an independent financial advisory firm.

Siju Daniel

Managing Director/ CEO FXCM ASIA



Education: BA in Finance/Economics, Fordham University

113

Andreas Putz

Managing Director, FXCM Pro

Global Head of Institutional Sales

Andreas Putz was hired to start the FXCM Pro Institutional platform and division in 2005. Mr. Putz was instrumental in creating

FXCM Pro to what it is today, managing Sales as well as trading teams and most relationships in various countries. Prior to

joining FXCM, Mr. Putz traded and sold FX, Options, Interest Rate Swaps and other Derivatives for DB, Commerzbank,

Calyon in the US, Singapore, Frankfurt and London. Andreas takes most pride in having helped build trading models for

emerging markets encompassing economical models as well as liquidity considerations.


Tenure in the FX Market: 15+ years

Education: Austrian Lyceums, Vienna

114

Dmitri Galinov

CEO, FastMatch

Tenure in the FX Market: 6 months

Education: BBA in Finance, Baruch College, CUNY; MBA in Finance, NYU Leonard N. Stern School of Business

Dmitri Galinov is Chief Executive Officer at FastMatch. Mr. Galinov is an electronic trading veteran with over 17 years of

experience. Dmitri joined FastMatch from Credit Suisse where he was Head of Crossfinder dark pool and helped

Crossfinder to become the largest dark pool in the United States. Prior to Credit Suisse, Mr. Galinov was Director of

Strategy of Direct Edge. He helped a company grow from a small player into one of the major US Equities destinations.

115

Tenure in the FX Market: 20+ years

Education: Ph.D. GeorgiaTech Aerospace Engineering (‘89); World Student Fund scholarship (‘84); Monie A. Ferst Award (‘89); CFA

Dierk Reuter

Partner, Lucid Markets

Lucid Markets (‘09-Present) : Founding Partner - Launched algorithmic FX trading

Deutsche Bank (‘07-’09) : MD and Global Head of FX Algorithmic Trading; Launched algorithmic FX alpha trading team

Goldman Sachs (‘93-’07): MD and Head of NY Equity Derivatives Strategies (‘03-’07)

Hull Equity Electronic Option Market Making business

FX Strategies (‘93-’03)

Euormoney 2001: Goldman Sachs Best Site for FX cash execution

Launched FX multi dealer platform FXall (‘00-’01)

ICE (‘00) technology selection and due diligence

Launched Goldman FX Electronic Market Making (’98-’03)

Multiple Patents issued on electronic trading processes

116



Education: BA in Political Science, Loyola University (’04)

Jessica Beckstead

Managing Director, International Sales

Jessica Beckstead started at FXCM in 2004 as a retail FX sales associate. She was promoted to a management position in

2006 where she was responsible for the day to day running of the retail sales team in NY. In 2007 she was promoted to Vice

President of sales and moved to San Francisco where she doubled as the branch manager responsible for all aspects of

FXCM’s west coast headquarters. Her specific Sales VP responsibilities over her 3 year tenure in the role included overseeing

sales teams San Francisco and NY, launching and managing FXCM’s Russian initiative, launching and managing FXCM’s

micro product, and playing an integral role in FXCM’s initial MT4 product offering. In 2010 Jessica was promoted to Managing

Director and put in charge of retail sales for the US and Canada. In this role, Jessica is responsible for sales personnel

management across all 3 of FXCM’s domestic offices as well as strategy for the US retail FX market. In August 2012, Jessica

was moved into an international sales role where she now oversees the sales divisions of Middle East and North Africa

(MENA), Israel, Australia, and Japan.

117



Education: BS in Finance/International Business, NYU Lenard N. Stern School of Business

Suresh Attal

Vice President, FXCM Pro

Suresh Attal moved into the management ranks at FXCM within 8 months of joining the company and has held a variety of

management positions since then. During his tenure at FXCM, Mr. Attal has frequently rotated around many different

business groups gaining a diverse set of experiences and in-depth knowledge of the FX market. As a result of his deep

industry knowledge, Suresh has been in positions which required him to act as a liaison to external business partners such

as Deutsche Bank and XE Forex. During Mr. Attal’s tenure with dbFX, the product reached a record level of yearly

revenues. Suresh’s expertise has evolved into dealing with the largest and most valuable clients that the firm has

evidenced by his multiple stints working with Active Trader, dbFX and the Arabic sales teams and now continuing within

FXCM Pro.

118



Education: BA in Finance/M.I.S., Villanova University (’03); MBA in Accounting/Finance, NYU Leonard N. Stern School of

Business (’11)

Thomas Porac

Vice President, Investor Relations

Thomas Porac started at FXCM in the Project Management department with a focus on business development. In 2006, Mr.

Porac transitioned into the Accounting department to serve as the software administrator, along with handling general reporting

and accounting issues. In 2007, Thomas began primarily focusing on data analysis and executive level reporting needs. In

2008, Thomas was promoted to Vice President and started working with outside investors who were interested in investing in

FXCM. Thomas has been the primary contact for outside investors since FXCM went public in 2010. Prior to FXCM, Mr. Porac

worked at a E-Risk Services where he was underwriting Employee Practices and Director & Officer insurance policies.

119


Tenure in the FX Market: 5.5 years

Education: BA in Mass Communications with a specialization in Public Relations, Iona College

Jaclyn Klein

Vice President, Corporate Communications

Jaclyn Klein started her career at FXCM as an intern in the marketing department to prove to the company that there was a

need for a public relations position. Within six months, Jaclyn was hired full time named the Public Relations Coordinator,

where she built from the ground up the PR department. As the company expanded overseas, so did the need for language

specific PR professions. Therefore, Mrs. Klein transitioned into the International Public Relations Coordinator and

Syndication Manager, creating and managing external PR agencies in Italy, Greece, Germany, Australia and London, while

building a syndication program for DailyFX . In 2010, Mrs. Klein was promoted to Vice President, Corporate Communications,

where she supervises global communications for FXCM Inc.

analyst day conference presentation

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