Alpha FX Group PLC Alpha authorised by FCA as BIPRU investment firm (7774M)
01 August 2017 - 11:10PM
UK Regulatory
TIDMAFX
RNS Number : 7774M
Alpha FX Group PLC
01 August 2017
1 August 2017
Alpha FX Group plc
("Alpha", the "Company" or the "Group")
Alpha FX authorised by the Financial Conduct Authority as a
BIPRU investment firm
Alpha FX (AIM:AFX) confirms today that its wholly owned
subsidiary, Alpha FX Limited, has been authorised by the Financial
Conduct Authority (FCA) as a BIPRU investment firm with immediate
effect.
As set out in the Group's Admission document, in January 2017
the Company applied to the FCA to become a BIPRU investment firm.
The Company's status as a BIPRU investment firm will enable it to
offer currency swaps and options to its clients, in addition to its
existing products and services.
Enquiries:
Alpha FX Group plc via Alma PR
Morgan Tillbrook, Founder and CEO
Tim Kidd, CFO
Liberum Capital Limited (Nominated Adviser and Sole Broker) Tel:
+44 (0) 20 3100 2000
Neil Patel
Richard Bootle
Dominik Götzenberger
Alma PR (Financial Public Relations) Tel: 07580 216 203
Josh Royston
Helena Bogle
Hilary Buchanan
Notes to Editors
Alpha is a founder led, UK-based corporate foreign exchange
service provider focused on managing exchange rate risk for UK
corporates that trade internationally. The Company's primary client
base consists of medium sized corporates that have a requirement to
convert currency for a commercial purpose, such as buying or
selling goods and services overseas, repatriating profits, or
expatriating payroll. Since it was incorporated in 2010, Alpha has
been able to build and retain a high-quality client base that
includes brands such as ASOS, Holland & Barrett and Global
Data.
This information is provided by RNS
The company news service from the London Stock Exchange
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