Henyep Group, owner of Forex brands like Henyep Capital Markets UK Ltd. (HY Markets), today announced the recent rebranding of its UAE operations within the Dubai International Financial Center (DIFC).
Previously known as Henyep Investment Bank Limited, the DFSA-regulated company has been rebranded to Henyep Capital Markets (DIFC) Ltd. ( or HYCM DIFC).
The change is poised to reflect the broader offering, including forex, commodities and equities, to the company’s retail clients.
The company will continue to operate from its address at 903, Liberty House, DIFC, Dubai as a category 4 firm authorized and regulated by the Dubai Financial Services Authority (DFSA) to serve retail clients, It will remain a fully owned subsidiary of Henyep Capital Markets (UK) Ltd, regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Announcing the changes, Roger Bach, CEO of Henyep Capital Markets (DIFC) Ltd, said:
“HYCM DIFC has now entered its 10th year of successful operations within the DIFC; at this important milestone, and to further consolidate the Company’s position as a leading broker for retail clients, we have changed our name to reflect the global nature of our operations and breadth of financial products we offer.”
“Henyep Group has a long operational history and has been in the financial services space for over 35 years; locally we bring that experience and knowledge to every aspect of the business, together with strong operational, regulatory and financial controls.
“Henyep’s investment in technology allows investors to trade all global capital markets from a single integrated account; as a leading trading platform provider we ensure that we incorporate the latest technological advances into our platform for the benefit of our clients. In 2016, we plan to launch a host of new services including an upgraded mobile trading experience.”
You can view the official announcement about the rebranding by clicking here.