December 18, 2016 BY LeapRate Staff

Israel retail forex licensing brings consolidation as Colmex buys Matach24.com

Israel business news source TheMarker is reporting a merger in the Israel retail forex arena, with Colmex buying popular trading site Matach24.com. 'Matach' is an acronym for 'foreign exchange' in Hebrew. Colmex is one of just six companies to have received a Dealers' license from the Israel Securities Authority (ISA), out of the 21 firms (including…

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