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GPS Capital Markets (www.gpsfx.com), a leading corporate foreign exchange (FX) brokerage firm, announced it will be expanding internationally and opening its first office outside of the United States in London. This office will be home to GPS Capital Markets Limited, the company’s UK subsidiary and will operate as the primary client service center for companies throughout the European Union.
“The United Kingdom has a concentration of large banking and finance institutions that are not providing the corporate FX products or the level of service companies in the region need in today’s volatile market,” said Jason Langston, managing partner of GPS Capital Markets. “Our value proposition is unique, and our tailored, customized approach to structuring corporate FX solutions for our clients is not found within the market.”
GPS Capital Markets has built a tremendous amount of momentum throughout the United States by providing customized strategic solutions to address FX payment processing, FX hedging and FX exposure management for its clients. The company has systematically expanded across the country by opening offices in Salt Lake City, Boston, Phoenix, Los Angeles, and Dallas and is now poised to provide its unique product set to the British marketplace.
Langston continued, “We are actively pursuing the regulatory licenses needed to operate in London. We anticipate opening the doors within the next two months. We have the right people, the right products and the right expertise to finally give local companies the help they require to efficiently and effectively manage their corporate foreign exchange needs.”