Monex Europe expands with Madrid opening

The broker aims to achieve 20% growth in 2015

nick-edgeley
Nick Edgeley, Monex Europe

Monex Europe is opening a new office in Madrid on January 21 to serve Spanish clients, with the aim of increasing its presence in mainland Europe.

The company says it hopes to achieve growth of 20% this year, driven by its UK business, expansion in Spain and the increasing global demand for foreign exchange services.

Nick Edgeley, managing director of Monex Europe, says: "Expanding our presence in Spain means we can better service this demand and provide a great base for future European growth."

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