ETX Capital reports it is unaffected by Swiss Franc move

UK multi-asset broker ETX Capital has released a brief statement on its position following Thursday’s mega-move in the Swiss Franc:

ETX Capital Unaffected by Movement in Swiss Franc 

ETX Capital is pleased to confirm that its financial position is unaffected following the extreme movement in the price of the Swiss Franc yesterday. The company is experiencing a profitable January following a very solid 2014 and is confident that its systems, controls and policies properly manage the firm’s position and credit risk.

ETX Capital, a FCA regulated global financial services firm, provides retail, institutional and high net worth customers with multi-asset and multi-market trading capability through a number of products including financial spread betting products, leveraged Forex trading and CFD trading. The firm uses cutting edge proprietary technology and delivers unrivalled levels of customer support from knowledgeable staff and with the utmost client confidentiality.

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