Tag Archives: ACM
ACM Gold just announced that it opened an office in Nigeria which signals a very interesting move for this unique broker – it operates mostly through local offices and branches rather than online marketing. By doing this ACM is able to generate better market position in those jurisdictions where online marketing is not as prevalent as in US or Europe. Nigerian clients specifically require more personal touch and attention – hence ACM opened not only an office for support but also a trading floor. Trading floor model allows anyone to come and trade whether they have equipment and experience or not, thus generating new forex clients instead of competing for existing ones.
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Swissquote publishes strong results for first 9 months of 2011 – Forex volume up
4
2011
In line with its semi-annual report Swissquote continues to see healthy growth in its results. Swissquote fulled merged ACM operationally and into its books and as expected it fuels its growth. Swissquote’s eForex numbers are up on all parameters. Swissquote’s volume is up 7.3% to CHF 36.53 Billion a month however dollar value is down to $41.54B due to exchange rates. eForex assets are up to CHF 130.4 million and client accounts are up 5.7% to 10, 464 accounts at the end of September 2011.
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Swissquote/ACM too announces that it will no longer be able to accept retail forex traders come July 15th
4
2011
As you probably already know all foreign banks (including Swiss brokers Dukascopy, MIG and now Swissquote/ACM) are now closing down accounts of US traders. These traders will need to close down their positions before July 15th. This is the official announcement ACM …
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