FXCM Gets Bump; Still Off 90% From Franc Fiasco

FXCM Inc's FXCM struggling stock showed some signs of life Wednesday, closing up more than 7 percent to $2.14 a share.

But even given the bump, the online provider of foreign exchange trading service's shares are down nearly 90 percent since mid-January.

FXCM sold off after it lost more than $225 million in customer accounts in the Swiss franc fiasco last month because of inadequate collateral.

Wednesday's gains for FXCM came after the Ukrainian currency hryvnia fell more than 12 percent against the dollar.

The Ukrainian central bank reportedly banned commercial currency trading until the end of the week.

Reuters said kiosks in Kiev were selling limited amounts of dollars for 39 hryvnias, around 20 percent worse than rates advertised in the windows of commercial banks, where dollars were unavailable.