CMC refocuses on forex, launches in Australia

TECHNOLOGY NEWS

HERTFORD, UK -- Retail online FX trading firm Currency Management Corporation is refocusing its business on foreign exchange, and launching its first branch office outside of the UK, chief operating officer, Roger Hynes told FX Week.

The firm has spent the past year building up its suite of three products, in FX trading, trading equity contracts for difference (CFDs) and the recently launched FX spread-betting service (FX Week, June 18).

"We’re very upbeat about forex," said Hynes, "and we can

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