Finex Europe Attracts Five New Members Despite Low Volumes


Finex Europe has added five new members in recent weeks, bringing the total number of organisations active on the year-old exchange to 17, say officials.

The new members represent a variety of backgrounds, including new ventures for established foreign exchange traders, as well as some first-ever ventures into the currency markets, giving the fledgling exchange its unique flavour, officials say.

Finex Europe launched on June 17, 1994, with seven organisations and nine approved floor traders (