ACM (Advanced Currency Markets) Raises Its Capital to 20 Million

During an extraordinary general assembly, shareholders of ACM - the leading Swiss online foreign exchange broker - have decided on a substantial capital increase.

First Published by e-Forex News: January, 2008

During an extraordinary general assembly, shareholders of ACM - the leading Swiss online foreign exchange broker - have decided on a substantial capital increase. ACM&rsquo;s share capital has been raised to 20 million Swiss francs.<br /> <br /> The Swiss company intends to demonstrate its complete financial independence.<br /> <br /> While guaranteeing the growth potential of the company, this capital increase will also allow ACM to tackle new markets and invest in further research and development to continue to provide its clients with top of the range online trading tools.<br /> <br /> Moreover this capital increase is a major step forward for ACM in its progression from online broker to bank.