Thursday, March 22, 2012

New forex brokerage launches in the UK: Tradenext

New forex brokerage launches in the UK: Tradenext

New forex brokerage launches in the UK: Tradenext

Posted: 22 Mar 2012 11:39 AM PDT

The Tradenext Group is the first Indian origin brokerage that is licensed to trade in FX, CFD and commodities under regulation in the UK (FSA BIPRU730), India (NBFC Category A) and in Nepal (Commodities and Derivatives Exchange Licence). It was also recently granted a Banking Licence in the South American republic of Suriname.

As a fully recognised exchange in Nepal, and futures broker in India, the Tradenext Group has a thorough understanding of the front to back process for the trade … [visit site to read more]

Forex Club sells minority stake to Quadro Capital Partners, plans an IPO

Posted: 22 Mar 2012 01:38 AM PDT

Forex Club just announced that it sold a minority stake (believed to be in the region of 5-10%) to Quadro Capital Partners, a Moscow based private equity firm.

Forex Club is one of the largest and oldest brokers in the forex market and is the second largest broker in Russia.

Quadro Capital Partners is a $1 billion fund that primarily targets financial services, retail, consumer goods and services, and sustainable natural resources in Russia and CIS. The fund is managed by Giedrius Pukas … [visit site to read more]
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