SALT LAKE CITY, UT -- (Marketwire) -- 01/08/13 -- GPS Capital Markets Limited (www.gpsfx.com), a leading corporate foreign exchange (FX) brokerage firm, has been approved by the Financial Services Authority (FSA) to operate as an Authorised Payment Institution and has officially opened its European Head Office in London.
Founded in 2002, GPS Capital Markets has grown into one of the U.S.'s leading independent providers of foreign exchange management services to businesses with international operations or supplier networks.
"With our unique blend of FX hedging, payment processing, exposure management and treasury management services, we help companies reduce risk and strategically navigate through volatile foreign exchange challenges," said Jason Langston, Managing Partner of GPS Capital Markets. "With this new office, we are even better situated to help our clients in the EU strengthen their position in the market."
GPS Capital Markets has offices in Salt Lake City, Boston, Phoenix, Los Angeles, and Dallas. In Europe, the firm already provides several global companies with strategic foreign exchange services. It seeks to expand its clientele in the region and strengthen its strategic consulting and support.
"The opportunity to become part of the London landscape is an extension of the tremendous success GPS Capital Markets had initially with global firms headquartered in the United States," said Nigel Green, Head of FX Sales, GPS Capital Markets Limited. "Managing foreign exchange risk is crucial for any company with international interests and we look forward to providing more companies in the EU with the unmatched service and uniquely tailored solutions that only we can deliver."
The new office for GPS Capital Markets Limited is: Third Floor, 20 King Street, London, United Kingdom, EC2V 8EG.
About GPS Capital Markets
GPS Capital Markets provides corporate foreign exchange services that help companies manage their foreign currency risks and execute foreign currency transactions. Founded in 2002, GPS brings together a senior management team rich in international banking experience from the world's leading financial institutions. It combines competitive exchange rates with a host of tailored international financial solutions. For additional information, visit www.gpsfx.com or call (01)801-984-1080.
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