Merchant Capital, the asset management division of Merchant House Group Plc., has launched an FX proprietary trading package, Merchant Capital FX, in association with Hotspot FX. Merchant Capital will build FX trading businesses for team principals looking to establish independent firms where they can maintain complete control. It is a solution for high-profile proprietary trading teams looking for certainty in the face of unpredictable financial regulatory developments, particularly within the European Union.
George Cadbury, Director at Merchant Capital, said: “With Merchant Capital FX, we can provide experienced FX trading teams with the proper regulatory cover and all necessary trading lines. If traders are successful we can also offer additional capital-raising sources via a Merchant Capital fund offering. Merchant Capital FX offers a unique solution to teams that want to run their own business with the advantages of institutional support.”