Schneider FX snapped up by Mexican forex provider

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Schneider FX, a London-based commercial foreign exchange provider, has been acquired by Monex Group as it looks to expand its influence to the rest of mainland Europe and take advantage of Monex's presence in the US, Mexico and other emerging markets.

"This acquisition is a key strategic investment in Europe for us. Schneider Foreign Exchange is already leading commercial FX in the UK and we look forward to supporting its ambitious growth plans across the continent," says Hector Lagos, chairman

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