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
