Press Room

As a result of its continuous growth path and to facilitate further expansion plans, Monex Europe S.A., a specialist in commercial foreign exchange, has moved its Luxembourg premises to a larger office space in the heart of Luxembourg’s city centre district earlier this month.

Headquartered in Luxembourg, and with a sales representative office in the Netherlands, Monex Europe S.A. received its regulatory permissions in December 2020 and began operations in February 2021.  Since this time, Monex Europe S.A. has continued to expand its European operations, significantly growing its client base and enhancing its product offering. From its foundation, Monex Europe S.A. has rapidly increased its team of FX specialists in Luxembourg, increasing staff numbers by more than 80% over the past three years.

Luxembourg is a strategic location for Monex Europe S.A. to service clients from across the European Union, further broadening its portfolio in the private equity sector and funds industry. Part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution, Monex Europe S.A. provides FX and payment services to clients across the European Economic Area.

Percy Golergant, Executive Director at Monex Europe S.A., said:

We are excited to have signed a long-term lease contract for our new office location in Luxembourg. The bigger premises represents our steep growth over a short period of time and gives us room to further drive our expansion in the region.

Carlo Biondi, Executive Director at Monex Europe S.A., added:

Our location in Luxembourg is key to further developing Monex’s European operations, to deliver high-quality service to corporate and institutional clients post-Brexit. We are excited to be part of the next chapter of the firm’s growth journey.


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