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Fexco acquires Thomas Exchange Global, London’s largest specialist foreign exchange business
Fexco, the parent company of No1 Currency, today announced the acquisition of London’s leading retail foreign exchange (FX) company, Thomas Exchange Global (TEG). The deal strengthens Fexco’s position as the largest independent FX operator in the UK where it holds 12% of the growing £9billion market.
The acquisition of TEG which serves over 1 million customers in London across its 15 prominent branches also positions Fexco as the largest independent FX operator in the city. (more…)