In July 2012, the Monex Group, one of the world’s largest deliverable currency providers, acquired Schneider Foreign Exchange to strengthen the company’s offering in the European market. Shortly after, Schneider Foreign Exchange was rebranded as Monex Europe Ltd.
Monex Canada was acquired in 2017 by the existing executive management team of Monex Europe Limited.
Since its inception, Monex Europe Limited has seen consecutive years of double-digit growth derived from organic business development. Following successful launches of offices in Madrid and Amsterdam headcount has grown 118%.
Group FX turnover
Our turnover has increased from $2.3bn in 2008 to $191bn in 2016.