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Sunday, June 23, 2013

We are Happy to Announce the Acquisition of XM


We are Happy to Announce the Acquisition of XM
We are happy to announce the acquisition of XM.COM
 a short name for XEMarkets, which expresses our global thinking without boundaries. 

"The foreign exchange market, to which we provide direct access to our clients has practically no boundaries - nor does XM.COM
 
", said Constantinos Cleanthous, Founder and CEO, at the press conference held on 21 June 2013. "Currently, we serve clients from over 170 countries worldwide, and we envisage that XM.COM
 
 is a brand name that will as easily become a household name as the online trading products that it features. With the acquisition of the XM.COM
 
 domain, Trading Point of Financial Instruments Ltd. will definitely reinforce its brand value on a global scale". 

The unique two-letter XM.COM
 is a significant step forward in the corporate history of Trading Point of Financial Instruments Ltd., giving the company a definite edge over its business competitors. 
Historical Facts About Two-Letter Domain Names
The first company ever to purchase a two-letter .com domain was American Airlines in 1997, followed by Hennes & Mauritz HM.com and Deutsche Bank DB.com one year later. By 1998 all two-letter domains were registered, and so it was only possible to purchase them from their previous owners. This in itself makesXM.COM
 
, one of the worldsҠmost valuable 676 two-letter domain names along with those acquired by Facebook, Financial Times, Goldman Sachs, Morgan Stanley, Merrill Lynch, and General Electric, to only name a few. 

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