ACM offers four new account types

GENEVA - Advanced Currency Markets (ACM) is today (August 31) launching four new account types to reflect an increasingly sophisticated client base, a senior official tells FX Week .

The accounts include Premium, Professional, Institutional and Institutional+ and replace the previous Institutional account that catered to clients with more than $50,000 (see box). Nicholas Bang, ACM managing director in Geneva, said sophisticated institutional and high-net-worth clients now account for a third of

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