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Nederlandsche Betaal & Wisselmaatschappij


Nederlandsche Betaal & Wisselmaatschappij sounds gong

Kees Gielen, Chairman of the Supervisory Board of the Dutch Payment & Exchange Company (NBWM), sounds the gong to open trading. NBWM celebrates that they are now able to offer currency options. They can be used to cover against unwanted currency movements.

"We focus on SMEs. The market allows for a challenger", said PJ Datema, founder of NBWM. Last month NBWM also received a license from the Financial Markets Authority. This license allows for offering currency options as well. "Customers could already use forward contracts to cover against adverse price movements. With currency options we offer our customers even more options."

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