StockMarketWire.com - FXCM has warned that it may be in breach of some regulatory capital requirements following movements in the Swiss franc yesterday.

The online provider of forex trading and related services worldwide said that due to unprecedented volatility in EUR/CHF pair after an announcement by Swiss National Bank, clients experienced significant losses, generated negative equity balances owed to FXCM of approximately $225m.

A statement said: "As a result of these debit balances, the company may be in breach of some regulatory capital requirements.

"We are actively discussing alternatives to return our capital to levels prior to today's events and discussing the matter with our regulators."


Story provided by StockMarketWire.com