Henyep UK Changes Company Name to HYCM

On January 19, Henyep, a global CFD and
 
 forex broker 
, announced that it has changed the name of its London-based regulated entity from Henyep Capital Markets (UK) Limited to HYCM Capital Markets (UK) Limited.Henyep highlighted that the change reflects other similar changes the company made in other regions where it has regulated subsidiaries. For instance, the company operates its licensed subsidiary in Cyprus as HYCM (Europe) Ltd while in Cayman Islands as HYCM Ltd. Since 2016, Henyep has been using the “HYCM” brand as its main retail moniker, with the ‘Henyep Group’ kept for the parent company in Hong Kong.

HYCM is part of Hong Kong based Henyep Group, a finance and real estate company controlled by Hong Kong based businessman Sheen-Charm Chiu. In 2016, Henyep activated its CySEC-licensed subsidiary in Cyprus called HYCM (Europe) Ltd. In 2014, Henyep acquired a CySEC-licensed company called FTSL Financial Trading Solutions Ltd, and renamed it HYCM (Europe) Limited.

HYCM is regulated by four of the world’s leading financial jurisdictions. Henyep Capital Markets (UK) Limited is regulated by the UK’s FCA. Henyep Capital Markets (DIFC) Limited is regulated by the Dubai Financial Services Authority (DFSA). While HYCM (Europe) Ltd is authorized and regulated by the CySEC (Cyprus Securities and Exchange Commission), HYCM Ltd is regulated by the Cayman Islands Monetary Authority (CIMA).

Henyep Focuses on Creating Strong Brand Position in Its Market

The announcement by Henyep comes at a time when the firm is striving to maintain its 30 years of business offering excellence. With its strong Henype brand, the company continues to enhance its commitment to provide retail investors with institutional quality access to the world’s capital markets. The name change builds on the robust strong market position of the company’s traditional Introducing Broker and Whitelabel partner business and the rapidly growing online presence of its online HY Markets and PIPTRADE business units. HYCM provides trading in indices and
 
 equities 
, commodities, gas, oil, metals, forex, and cryptocurrencies. In February 2020, the firm expanded its CFD offering to include exchange-traded funds (ETFs).

On January 19, Henyep, a global CFD and
 
 forex broker 
, announced that it has changed the name of its London-based regulated entity from Henyep Capital Markets (UK) Limited to HYCM Capital Markets (UK) Limited.Henyep highlighted that the change reflects other similar changes the company made in other regions where it has regulated subsidiaries. For instance, the company operates its licensed subsidiary in Cyprus as HYCM (Europe) Ltd while in Cayman Islands as HYCM Ltd. Since 2016, Henyep has been using the “HYCM” brand as its main retail moniker, with the ‘Henyep Group’ kept for the parent company in Hong Kong.

HYCM is part of Hong Kong based Henyep Group, a finance and real estate company controlled by Hong Kong based businessman Sheen-Charm Chiu. In 2016, Henyep activated its CySEC-licensed subsidiary in Cyprus called HYCM (Europe) Ltd. In 2014, Henyep acquired a CySEC-licensed company called FTSL Financial Trading Solutions Ltd, and renamed it HYCM (Europe) Limited.

HYCM is regulated by four of the world’s leading financial jurisdictions. Henyep Capital Markets (UK) Limited is regulated by the UK’s FCA. Henyep Capital Markets (DIFC) Limited is regulated by the Dubai Financial Services Authority (DFSA). While HYCM (Europe) Ltd is authorized and regulated by the CySEC (Cyprus Securities and Exchange Commission), HYCM Ltd is regulated by the Cayman Islands Monetary Authority (CIMA).

Henyep Focuses on Creating Strong Brand Position in Its Market

The announcement by Henyep comes at a time when the firm is striving to maintain its 30 years of business offering excellence. With its strong Henype brand, the company continues to enhance its commitment to provide retail investors with institutional quality access to the world’s capital markets. The name change builds on the robust strong market position of the company’s traditional Introducing Broker and Whitelabel partner business and the rapidly growing online presence of its online HY Markets and PIPTRADE business units. HYCM provides trading in indices and
 
 equities 
, commodities, gas, oil, metals, forex, and cryptocurrencies. In February 2020, the firm expanded its CFD offering to include exchange-traded funds (ETFs).

Source: https://www.financemagnates.com/fintech/henyep-uk-changes-company-name-to-hycm/