Leading Swiss Forex Broker MIG BANK Obtains Securities Dealer License
- MIG BANK, was the First Forex Broker to Obtain a Swiss Banking Licence at the End of 2009
- New Licence Will Allow MIG BANK to Pursue Strong Growth and Offer Additional Services Such as Futures and Options
- Further Expansion Planned in Switzerland
MIG BANK, the first Forex broker to have obtained a Swiss banking license in December 2009, has announced today it has been granted the Securities Dealer Licenseby the FINMA, the Swiss Financial Market Regulatory Authority. Since its foundation in 2003, MIG BANK has been offering online Forex trading services to private and institutional clients and has become, within a short period, one of the global leaders in the area of online Forex trading.
Swiss financial institutions are required to have the Securities Dealer License in order to offer securities trading facilities other than FX, and this license now allows MIG BANK to expand its products portfolio and increase and diversify its trading volumes and revenues to products such as commodities, indices, options, futures, bonds and equities.

Here you have two more pictures about Saturday’s day at the Races

Francesc

Left Picture: Ron William (left), Bijoy Kar (center) and Gonçalo (right) speaking with Nico Rosberg about the results of the morning test.
Right Picture: Nico Rosberg, Ron and Bijoy from MIG Bank and the FXstreet’s Group with the kids.

Hi everyone

If you are a F1 fan you must know that F1 circus was in Barcelona this weekend to run a four days test run to prepare the Championship that should be starting in a few weeks.

Swiss MIG Bank is one of the sponsors of the Mercedes Team and they were so kind to invite us to spend the Saturday at Montmeló Circuit and enjoy the test seasson from inside.

We enjoyed watching how they were working on the car from the boxes, then saw the tests from the pit-lane, walk it and even had the opportunity to speak with the driver the young Nicko Rosberg.

My partner Setxi and I took our kids with us and they had just too much fun that I was not easy for them to sleep that night.

Thanks guys for a great day.

Thanks to Ron William and Bijoy Kar, Technical Analysts at MIG Bank for being marvelous hosts and to MIG Bank for a great day.

Francesc

Ron William (left), Francesc, Gonçalo and Bijoy Kar (right)

Hi everyone

On Friday, FXstreet’s Content Advisor Gonçalo Moreira went to MIG Bank headquarters in Neuchâtel (Switzerland) to work with them the implementation of an educative solution they are developing with our help.

Gonçalo sent me a couple of great pictures I would like to share here with you.

Once again, I want to thank Ilgar for the great hospitality of MIG Bank towards my people. Thanks a lot!

Francesc

Ilgar Rustamov (MIG Bank Head of Marketing - left), Hisham Mansour (MIG Bank CEO - right), & Gonçalo - center

Thanks MIG Bank for choosing FXstreet’s Forex News and Economic Calendar To improve the quality fo contents of MIG’s web site.

Francesc

Press releases - New tools on the website

As part of our drive to constantly improve our services, we are pleased to announce the launch of two products which we start providing in cooperation with the world’s leading independent Forex portal, FXstreet.com, that we feel will be a huge benefit to our clients:

The first service is a real-time economic calendar that includes close to 500 economic indicators covered 24/5 by the expert team of journalists and economists of FXstreet.com. From Q1 2011, all the emerging markets data will be included as well. Besides the data itself, the calendar gives access to historical graphs, related news and reports.

MIG BANK will also offer its clients real-time Forex technical news with embedded charting. A 24 hour exclusive service that covers in real-time the most relevant movements of the most traded pairs. The feed also includes stocks and commodities news (gold and oil) when important movements occur and have noteworthy impacts on the currencies. Finally, some of the most important economic indicators are covered too, as PIB numbers, Central Banks interest rate decisions or Non-Farm Payrolls for example.

Hi everyone

Yesterday night after an exhausting day at the ITC 2010 (International Traders Conference), guests, speakers, attendees and FXstreet.com all gathered together in a restaurant 0n Montjuic hill  in Barcelona to have a great time all together in a dinner party with amazing views of Barcelona’s skyline.

The surprise of the night was brought by Ilgar Rustamov, Head of Marketing at MIG Bank, who came all the way from Switzerland to be with us on this special night and brought us a big suprise in the form of  a huge chocolate bar of 5 Kilos!

Thanks Ilgar!

Everyone here wants to give it a bite!

Francesc

Francesc, Miriam and Setxi, FXstreet’s Partners Fighting For the Chocolate Bar

M I G BANK: First Swiss Forex broker to obtain a Swiss banking licence
The first Swiss Forex broker to obtain a Swiss banking license, M I G BANK continues its ascent
Neuchâtel, December 10th, 2009 – Neuchâtel-based Foreign Exchange Broker M I G, is the
first currency trading company in Switzerland to be approved by the Federal Financial Market
Supervisory Authority (FINMA), thus becoming M I G BANK. The revision of the decree on
banks affecting Forex brokers came into effect on April 1st 2009 and means that Swiss Forex
companies must obtain a banking license to continue their activity.
MIG Bank: First Swiss Forex Broker to Obtain a Swiss Banking License