About ACI Norway
ACI – The Financial Market Association. Norway.
1954
10 years after World War II ended, the European economy had started to recover. In every country the local foreign exchange markets were reopening their doors, mostly under administrative control and close central bank supervision. Technology was very simple, with telex machines operating between banks, and direct lines were available with brokers. But as the market grew, the need to meet among professionals belonging to the same community, beyond national borders, pushed a few friends across the Channel to officialise their friendly and social structure.
1955
Representatives from nine countries met in Paris, and the Forex movement started. One year later, eight local associations decided to gather under the same umbrella: Association Cambiste Internationale (ACI). By the end of the 1960s, it had grown to 15 National Associations.