XM Group further extends its global reach with expansion into UK
(Thomson Reuters ONE) -
LONDON, Nov. 22, 2016 (GLOBE NEWSWIRE) -- XM Group (Trading Point Group), a
leading FX and CFD broker, today announced that the company has expanded its
operations into the United Kingdom with the launch of its UK entity, XM UK
(Trading Point of Financial Instruments UK Limited) located on Ropemaker Street
in the City of London.
XM UK, authorized and regulated by the UK Financial Conduct Authority (FCA),
offers its clients an even more advanced trading environment adhering to the
UK's enhanced regulatory standards. XM has consistently experienced year-on-
year growth in its business and, with this important and strategic milestone in
XM's corporate history, is set to continue its growth trajectory by extending
its global reach even further.
The pace of innovation has never been faster and the power of technology to help
customers access the financial markets has never been greater. By being present
in one of the leading FinTech hubs in the world, XM UK anticipates further
effective enhancements to its trading infrastructure and technology as well as
new products and services which will enable XM to scale new heights and
continually better serve its clients.
Pambos Panayiotou, XM UK's CEO, said: "XM was founded on the belief that
efficient and professional trading environment should be available to all
clients regardless of their net capital worth, the size of their investment, or
their account type. Still founder-led today, we have stayed true to our
founding imperative without compromising our values or our commitment to
clients.
"At XM, we are on a bold quest to bring quality and speed of execution in
trading through our fair, trustworthy and dependable platform.
"The opening of our London operations will allow us to engage more closely with
customers and partners in one of the world's most important financial centres as
we look to continue to grow our market share in the UK and beyond."
For more information about XM, visit www.xm.co.uk.
About XM Group
XM, the official trading partner of the Fastest Man in the World "Usain Bolt,"
is an award-winning Forex and CFD Broker serving over 700,000 clients through
the domains XM.com and XM.co.uk.
XM is a brand name of Trading Point Holdings Ltd which wholly owns Trading Point
of Financial Instruments UK Ltd (XM UK), Trading Point of Financial Instruments
Pty Ltd (XM Australia) and Trading Point of Financial Instruments Ltd (XM
Cyprus).
XM UK is authorized and regulated by the Financial Conduct Authority (Reference
number: 705428), XM Australia is licensed by the Australian Securities and
Investment Commission (Reference number: 443670) and XM Cyprus is regulated by
the Cyprus Securities and Exchange Commission (Reference number: 120/10).
For Enquiries
Contact: Marios Papapostolou
Telephone Number: +44 2031501500
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Trading Point of Financial Instruments Ltd via GlobeNewswire
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