PrimeXM, one of the leading technology providers in the FX industry, is unveiling a new office in London. The opening represents a continuation of the company’s global expansion plans. The venue is the company’s fifth, after Dubai, Limassol, Hong Kong and Shanghai.
Commenting to Finance Magnates, the CEO of PrimeXM, Cristian Vlasceanu, said: “We are very excited about the new office in London as it marks the first out of many developments we are planning in the near future. We want to expand our solutions and reach out to clients in different institutional segments and therefore, we believe that a physical presence in London will add value to our relationship with both new and existing clients.”
“We have always believed that being able to meet clients in person is of great value and we always invest in having a physical presence close to where our clients are located,” Mr Vlasceanu explained.
The location of the office in the heart of London will be key to the company’s services in the world’s largest financial center. The office will also be key for business development. It will be headed by Matthew Best, who is also taking the role of Head of Client Services.
“The company is rapidly expanding and we now have another physical presence in a key strategic location. With the new office in London we are hoping to get closer to clients located in Europe and to offer them an even better level of service,” comments Mr. Best.
Starting with a total of six employees, this latest opening brings the company’s total employee count to 70.
PrimeXM’s XCore service has been at the forefront of the industry, aggregating liquidity and providing connectivity to both MT4 and MT5. The firm also offers sophisticated hosting solutions through its premium locations in the most popular data centers used by the FX industry, such as Equinix LD4, NY4 and TY3.
In spite of the uncertainty that the upcoming Brexit process is creating in the UK financial industry, Mr Vlasceanu explained that it is still too early to predict what changes Brexit might bring about, and that it is sensible for all companies in the finance industry to remain alert, whilst not interrupting their growth opportunities.