ACM leaves NFA, shuts down US ops, opens bank in Switzerland

Important Notice from ACM USA

ACM USA's white-label licensor, ACM – Advanced Currency Markets SA ("AC-Markets"), announces another milestone in its already impressive and successful history: the formation and creation of ACM Bank. The ACM Group proudly announces the planned reorganization of the ACM Family under the new ACM Bank. In an effort to ensure greater security, safety, and enhanced banking and investment services to their clients, ACM Group is in the process of applying for its Swiss banking license. As a result, for the short term ACM USA will no longer be an active NFA member. This means that ACM USA will no longer act as a counterparty to forex positions and will not continue to service client accounts. Instead, ACM USA will remain a licensed office to AC-Markets assisting in the opening of forex trading accounts directly with AC-Markets and in the future with ACM Bank. AC-Markets is not a National Futures Association ("NFA") member firm and cannot accept U.S. customers until the approval of its Banking license. Please note the coming date which is of importance to your ACM USA forex trading account. On January 8, 2009 at 9:00 a.m. EST, all open forex positions and accounts will be closed at the prevailing market price. You may continue to trade or close your ACM USA account until the above mentioned date. However, should you not take any action before the above mentioned date, your account will be closed and the account balance will be returned to you by check. If you have any questions or concerns please do not hesitate to contact our office at (212) 758-7200 or customersupport@acmusa.com. Best Regards ACM USA LLC Click here for a Withdrawal Request Form that can be sent via fax (646) 308-9262