By Jerom Bolt
CIX Markets, a provider of online trading services for private investors, institutions, banks and brokerage houses, enters the Romanian market. The company, headquartered in Great Britain, will set up a branch in Bucharest, according to a press release sent today to our editorial office.
CIX Markets is a trademark of City Credit Capital Limited (UK), which has been licensed and regulated by the UK Financial Conduct Authority (FCA) since 2004.
CIX Markets will focus on providing forex trading (FX) and Difference Contracts (CFD) services to local investors. CIX Markets customers will have access to trading liquid financial instruments, including FX transactions, stock indices, precious metals or commodities either through the MetaTrader 4 platform or through their own CIX Trader platform, both systems being available on both desktop and mobile devices. All CIX Markets customers with an active live trading account will have premium access to Trading Central, an award-winning platform that provides access to investment analysis, trading signals and financial analyst reports.
Cosmin Ruse, an experienced Romanian trader, will manage the Bucharest branch and will be responsible for growing the business for City Credit Capital (CCC) and promoting the CIX Markets brand in Romania. Prior to joining CCC, Cosmin Ruse held a number of management positions in Romanian investment companies, including the position of Director of International Markets, as well as General Manager and Chairman of the Board of Directors. In parallel with the development of a strong individual customer base, City Credit Capital also intends to create institutional partnerships with local brokerage houses. In this way, local brokers that offer clients financial instruments tradable on the Romanian capital market will be able to diversify their product portfolio, also offering access to derivatives trading.
Cosmin Ruse, General Manager and legal representative of the City Credit Capital branch in Bucharest, said: “Our strategy in Romania is to establish a loyal customer base, with which we can build a close relationship. Globally, CCC is recognized for the high quality partnerships we develop and we want to make sure that this quality is also offered to our Romanian customers.Our focus is on quality first and not on quantity, therefore we do not focus on rapid growth, but rather building our reputation, as we intend to stay in Romania for a long time. This is why our main goal will be to provide impeccable services to our customers, “said Cosmin Ruse, General Manager and legal representative of the City Credit Capital branch in Bucharest. .
Simon Daniels, Executive Director of City Credit Capital UK Limited, explained why CCC entered the Romanian market: “Romania is a sophisticated and mature market, where we have found staff with the right experience to run a local office, which is fundamental to As the quality of the services provided to our customers has always been of paramount importance to CCC, Romania also has a strong local regulatory authority, which we appreciate, as it allows CIX Markets to provide customers with a high quality, open and transparent service. a market in which customer protection is an important factor “.
CCC Group has over 16 years of experience in trading services. The newly opened office in Bucharest is the company’s first European branch. It also has offices in Hong Kong, Santiago, Mexico and London, where the company’s headquarters are located. Customers trading with City Credit Capital Limited (UK) receive additional protection by being customers of a company authorized and regulated by the UK Financial Conduct Authority. Through the branch established in Bucharest, Romanian customers will benefit from assistance services in Romanian and will also have access to support from the local team, the press release concludes.
By Jerom Bolt