It is a sad day for all of us, the end users. It means that there is now only one central bank for the economy and spells an immediate end to Best Rate deals and shopping around for favourable exchange rates.
DX Exchange has issued a statement which can be read here: http://www.dxexchange.co.uk/
Here at London City, we feel immensely proud and honoured that DX Exchange chose London City over all other alternatives as their UK Headquarters.
It has been a wonderful partnership and we feel great sorrow for the superb team of people at DX, who have been displaced by this decision. It has been a privilege to work with the DX Exchange crew and we sincerely wish them well in their future endeavours and thank them for their participation in London City.
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