Henyep Investments, the company behind the successful Middle-Eastern HY Markets brand, has now rebranded as Henyep Capital Markets. According to the company following its FSA approval this will better serve its brand and multiproduct offering.
HYMarkets is one of Dubai’s largest and most stable brokers. In fact, it’s probably the only large broker operating in the Middle East which actually originated there. I long thought that HY would be an ideal acquisition target for a US or EU broker which looks for a solid foothold in the region, however so far this hasn’t happened. Those following this blog probably remember that HY launched its own spread betting platform called Piptrade.com a few months back.
PR as was released:
London based capital markets trading firm Henyep Investment, a division of global financial conglomerate Henyep Group, today announced it will change it’s name to Henyep Capital Markets after FSA approval. The new name draws upon maintaining the 30 years of excellence and strong Henyep brand while emphasizing its’ commitment to providing retail investors with institutional quality access to the world’s capital markets including forex, metals, oil, gas, commodities, indices and equities.
The name change builds on the strong market position of its’ traditional Introducing Broker and Whitelabel partner business and the fast-growing online presence of its online HY Markets and PIPTRADE business units.
Along with the name change, the Group will restructure its Introducing Broker and Whitelabel Partner business unit into a stand-alone division named HY Investment. HY Investment will provide dedicated services and solutions to enable its partners to grow their revenues and better service their clients. Services include industry leading proprietary tools and integration with its HY Metatrader MT4 trading platform, integrated marketing, payment solutions, and custom relationship management tools. HY Investment’s full service package provides the most comprehensive support to Introducing Brokers in the industry.
The Company will also continue to accelerate development and services of its retail trading division by growing upon the success of its popular HY Markets retail online trading website and new spread trading website PIPTRADE. The Company will be launching several innovative upgrades to further its market leading position.
Henyep Capital Markets is authorised and regulated by the Financial Services Authority of the United Kingdom and its UAE subsidiary Henyep Investment Bank is regulated by the Dubai Financial Services Authority within the Dubai International Finance Centre.
About Henyep Capital Markets
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Henyep Capital Markets is a division of the Henyep Group and is a leading provider of foreign exchange and derivative products on a diverse range of global capital markets such as forex, metals, commodities, indices and equities among others. Headquartered in London, with over 30 years of operational history, it is authorized and regulated by the Financial Services Authority of the United Kingdom. The company operates the retail focused trading websites HY Markets and PIPTRADE and Introducing Broker focused division HY Investment. It is the partner of choice for serious investors seeking fast and direct access to the world’s capital markets.
About Henyep Group
The Henyep Group is a leading global conglomerate with 30 years of operational history and business than spans financial services, property, education and charity. It manages over 600 staff worldwide across 3 continents. It serves the key financial centres of Hong Kong, London and the UAE merging the financial integrity of the west with the emerging opportunities of the east. Henyep Group companies are registered and authorized in world-leading jurisdictions including London, UAE, and Hong Kong, providing clients with the comfort and security of a global institution. Core business includes global capital markets trading, wealth management, Hong Kong/China securities, corporate advisory and direct investment.