Monex Europe
| Private company | |
| Industry | Financial Services |
| Founded | November 30, 2006 |
| Headquarters | Moorgate, London, UK |
Key people |
Shelton Fray (co-founder), Nick Edgeley (co-founder), Will Tracey (co-founder), Neil Burns (director), Hector Lagos (Chairman, Monex Group), Mauricio Naranjo (Director, Monex Group) |
| Products | Foreign exchange |
| Parent | Holding Monex |
| Website |
www |
Monex Europe is a UK-based foreign exchange company providing currency exchange and international payments, it is the European subsidiary of Mexican financial company Holding Monex. The company provides same day, spot and forward foreign exchange contracts to FTSE-listed companies, financial institutions, SMEs, government and non-profit organisations.
History
The company was established as Schneider Foreign Exchange in 2006 by Sonny Schneider, Nick Edgeley, Will Tracey, Shelton Fray and Antony North and was registered by HM Revenue & Customs as a money services business.
In October 2010 it was named as a finalist for the National Business Awards Private Company of the Year award.[1]
In March 2011, Schneider Foreign Exchange was granted authorisation by the Financial Services Authority as an Authorised Payment Institution.
In July 2012, Mexican based Monex Group (Holding Monex SAPIB), a major commercial foreign exchange providers, acquired Schneider Foreign Exchange and the company’s name was changed to Monex Europe Ltd.[2]
Operations and Financials
Monex Europe's headquarters are in Moorgate, London. As of July 2012, based on published company accounts Monex Europe had currency turnover of £9.318bn for its clients.
References
- ↑ "The National Business Awards". nationalbusinesssawards.co.uk. 2010.
- ↑ "Holding Monex SAPIB de CV Acquires 100% Stake in Schneider Foreign Exchange Limited". reuters.com. 2012.