FX Primus Ltd.

FX Primus Ltd.

October 16, 2013 04:47 ET

FXPRIMUS Opens Office in Shanghai

SHANGHAI, CHINA--(Marketwired - Oct. 16, 2013) - FXPRIMUS today announced the opening of an office in Shanghai, China. With Chinese ownership and staff, FXPRIMUS China will develop business from within the country on behalf of the international online foreign exchange brokerage, with the aim of becoming one of the top brokers in China.

The Shanghai office will support a very robust network of Introducing Brokers for FXPRIMUS in China, with funding mechanism and non-technical customer support including market analysis by FXPRIMUS Senior Economist Jimmy Zhu, who regularly makes significant contributions to the two most popular foreign exchange websites in China.

Said Terry Thompson, CEO of FXPRIMUS, "With a population of over 1.3 billion people and the world's second-largest economy, a good proportion of Chinese investors are keen to trade foreign exchange - especially with overseas firms.

"In the past year, FXPRIMUS has achieved rapid development in China," he said, "and the company's representative office in Shanghai is based on the rapid growth of this emerging market.

"With China's rapidly growing business sectors, it is paramount for our representative office to have a physical presence in the financial centre of Shanghai, as this will help us to better serve our Chinese investors, and give our existing and prospective Introducing Brokers and clients much greater confidence with the office acting as a representative office in China for FXPRIMUS," he added.

The firm will further develop business in China by attracting individual investors, Introducing Brokers, foreign exchange training academies and investment management firms.

ABOUT FXPRIMUS

FXPRIMUS offers retail traders a level of trade execution, service quality and fund safety that are normally reserved only for the largest investors. Serving traders in 205 countries across 6 continents FXPRIMUS combines an unmatched level of fund safety with regular independent audits of company financials and Straight Through Processing, top notch execution with tight spreads, prompt and responsive customer support, ISO 27001 certification in Information Security, ISO 9001:2008 certification in Quality Management and an industry-leading trader toolset that includes free access to powerful trader tools and personal coaching via FXPRIMUS Coach. FXPRIMUS truly is The Safest Place To Trade.

FXPRIMUS is headquartered in Mauritius under the supervision of the FSC (Financial Service Commission), and maintains a relationship with Barclays Bank for the purposes of maintaining client assets in a segregated account.

Going Public

FXPRIMUS' parent company, PrimeMantle Corporation PLC, plans to IPO in 2014, with a listing on the Frankfurt Stock Exchange in Germany.

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