ETX Capital
 | |
| Industry | Financial Services |
|---|---|
| Founded | London, UK (2002) |
| Headquarters | London, UK |
Key people |
John Wilson (Executive Chairman) Andrew Edwards (CEO) Marcus Scarlett (Finance Director) |
| Services | Online trading, CFDs and Spread Betting |
Number of employees | 80+ |
| Website | www.etxcapital.com |
ETX Capital is a UK based financial company that provides institutional, high-net-worth and retail customers with multi-asset market derivatives trading through financial spread betting and contract for difference (CFDs) products. ETX Capital is the trading name of Monecor (London) Limited.
ETX Capital provides online trading in spread betting, CFDs and foreign exchange (forex).
History
The company was originally incorporated in 1965 as Monecor Ltd, and became a member of the London Stock Exchange. In 2002 Monecor (London) Limited launched a retail derivatives arm called TradIndex. In 2007, the group was acquired by a joint venture between the UK-based JRJ Group and the Netherlands-based BXR Group, whereupon TradIndex was relaunched with a new name – ETX Capital. ETX is an acronym for the services the company offers; Electronic Trading, Telephone Trading and Execution Services.[1][2] Through those mediums the firm offers clients the ability to trade Forex, Indices, Equities and Commodities.
In the last few years ETX Capital has expanded to a number of different international markets;
2010 – ETX Capital launches ETX Deutschland, a German language version of the website and trading platforms.
2011 – The firm extends its operations to France, South Africa and Portugal.
2012 – The ETX Metatrader 4 platform (ETX MT4) is launched. ETX expands into Greece, Spain and Italy. The company’s long-standing TraderPro platform is adapted to make it fully customizable.
2013 – ETX Denmark, ETX Romania and ETX China come online.[3] The company launches its affiliates program.[4]
2014 – Two new platforms are launched in March – ETX Trader and ETX Binary. Russian, Arabic, Turkish, Polish, Czech, Slovenian and Hungarian versions of the website become available. ETX acquires Dublin-based Shelbourne markets, making the new ETX Ireland the largest Spread Betting/ CFD provider in the country. ETX also takes its platform technology in-house by purchasing its technology partner, Ariel.[5]
Operations
Dealing platform
In November 2010, ETX Capital made a heavy investment into their new trading platform optimizing various elements.[6]
Regulation
ETX Capital is the trading name of Monecor (London) Limited and are authorised and regulated in the UK by the Financial Services Authority; registration number 124721.[7]
References
- ↑ "ETX Capital Review". spread-betting.com. Retrieved June 22, 2013.
- ↑ About ETX Capital
- ↑ http://forexmagnates.com/etx-capital-ventures-further-into-europe-opens-three-new-offices/
- ↑ http://incomeaccess.com/etx-capital-launches-affiliate-programme-income-access/
- ↑ http://forexmagnates.com/breaking-etx-capital-focuses-on-technology-by-acquiring-ariel-communications/
- ↑ ETX Capital Online Trading Platform
- ↑ Terms And Conditions