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XEMarkets are Happy to Announce the Acquisition of XM.COM

Saturday 22nd of June 2013

XEMarkets are happy to announce the acquisition of XM.COM a short name for XEMarkets, which expresses their 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 makes XM.COM, one of the world's most 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.