Tag: Swiss forex broker

December 10, 2013 BY Gerald Segal

Swissquote closes MIG Bank merger today

Most MIG Bank employees are relocating to Swisquote's Gland HQ, clients moved over too. LeapRate Exclusive... LeapRate has learned that leading Swiss online trading firm Swissquote has formally closed today on its $70 million acquisition of MIG Bank. As both firms are licensed Swiss banks, and are also regulated elsewhere (UK, Hong Kong, and Dubai),…

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November 08, 2013 BY Gerald Segal

Swissquote to eliminate old AC Markets website

AC Markets and MIG Bank will soon redirect to Swissquote.com/fx. Leading Swiss forex broker Swissquote has sent a note to clients that it will soon eliminate the www.ac-markets.com website, which it has kept live since its acquisition of rival Swiss broker AC Markets three years ago. As most of Swissquote's eForex business was based on its…

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September 25, 2013 BY Gerald Segal

Swissquote buys MIG Bank to create the dominant Swiss forex broker

MIG Bank monthly forex volumes averaged $60 billion in the first half of 2013. This will once be known as the week of retail forex acquisitions. After seeing Gain Capital close on its purchase of GFT, Oanda acquire social and copy trading service Currensee, and FXCM buy FX research shop Faros Trading, comes potentially the…

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