ACM FINANCE

Founded in Geneva, Switzerland in 2002, ACM (Advanced Currency Markets) SA was a pioneering online brokerage specializing in foreign exchange (Forex) and Contracts for Difference (CFDs). The company provided trading services to a global client base of retail and institutional traders, gaining recognition for its advanced trading technology and competitive spreads. In a major consolidation within the Swiss banking industry, ACM was acquired by Swissquote Bank in October 2010 for CHF 46.5 million. The acquisition aimed to create a global leader in online forex trading, and ACM's operations, technology, and client base were subsequently merged into Swissquote's platform.