CMS Forex enters London market
LONDON - CMS Forex opened an office in London last Thursday (August 27) to expand its global footprint and build out its product offering.
The broker joins Gain Capital in establishing a presence in the UK, indicating a continuing trend among US retail FX brokers to set up offices in jurisdictions outside the US, where more stringent regulations apply (FX Week, May 4).
The launch of the office will see CMS branch out of spot FX into contracts for difference (CFD) in commodities, starting with
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