LONDON--(BUSINESS WIRE)--One Financial Markets is pleased to confirm that it was not adversely affected by the impact of the shock SNB announcement last Thursday which resulted in unprecedented volatility in all markets linked to CHF.
The award winning London-based online broker was able to inform its clients that, despite last week’s extreme volatility, prudent management of its trading book has resulted in no significant losses.
The volatility has resulted in some major names within the industry announcing heavy losses and one of the highest profile names posting an insolvency notice on its website.
OFM’s Director of Trading, Andrew Henderson confirmed that yesterday’s events would only serve to reinforce the perception of the company’s integrity and strength. “The statements from Alpari and others about insolvency and significant losses will enhance our position in the industry as one of the most secure FCA regulated brokers.
“We take a responsible and professional approach to Risk Management throughout our business and clients can be confident they are dealing with a financially sound company, despite the devastation that others have experienced. It is very much business as usual at One Financial Markets.”
One Financial Markets is authorised and regulated by the Financial Conduct Authority (FCA). For further information about One Financial Markets, please visit www.onefinancialmarkets.com
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About One Financial Markets
One Financial Markets, is a global, award winning, online broker providing 24/5 trading facilities to retail and institutional investors in forex and CFDs on indices, commodities, energies, bonds and futures. Established in London in 2007, One Financial Markets is regulated in the United Kingdom by the Financial Conduct Authority (FCA) and offers global presence with local expertise through its wholly owned and affiliate offices throughout the Middle East, Europe, South America and Central and South East Asia.