Monex Europe Holdings Limited (MEHL) has achieved a double milestone by obtaining both an investment license and a payments license in Spain. This will pave the way for the creation of two new subsidiaries in the region: investment company Monex Europe Markets (MEMS) and authorized clearing house MESL.
Monex Group already operates a number of subsidiaries in the FX industry across the UK, Netherlands, Luxembourg, Toronto, Singapore, USA and Mexico. The two new subsidiaries represent further expansion of Monex’s vast global footprint and commitment to the European market.
By strengthening its existing European operations and obtaining an investment license from the National Securities and Exchange Commission, MEMS can now offer its customers a wide range of non-derivative currency derivatives, making Monex a reliable participant in the growing investment field. Establish your position as a person.
Monex Securities payment services are customized to suit local markets
The permission to act as a clearing house licensed by the Bank of Spain facilitates MESL’s provision of viable FX and secure and efficient payment services tailored to the dynamic needs of Spain and the wider European market. .
Reaffirming our firm commitment to customers in the European Economic Area, these important acquisitions provide the framework for Monex to revolutionize its operations and maximize its contribution to Spain’s financial landscape, strengthening the region’s economic landscape. It acts as a catalyst for growth and financial consolidation.
Mauricio Naranjo, CEO of Monex, said: “We are thrilled to have achieved this dual milestone. “These licenses solidify Spain’s position as our European hub and benefit both existing countries.” And new customers from all over the continent. ”
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Nick Edgley, CEO of Monex Europe, said: “This development provides a cutting-edge financial solution to the local market in Spain, while also extending its reach into the wider payments and investment sector in Europe. It demonstrates Monex Europe’s unwavering commitment to expansion.” We are always on the lookout for growth opportunities and look forward to embarking on the next chapter of our journey. ”
Ignacio Lizarraga, general manager of Monex Europe in Spain, said: “These licenses allow us to offer our customers in Spain and abroad the highest standards of transparency and quality, and solidify our position as market leaders in our industry.” , we’re excited to leverage the opportunities these licenses unlock to deliver best-in-class services. ”
