11
July
2012
METROPOL Group of Companies – now on FOREX/CFD
The METROPOL Group of Companies started entering the FOREX/CFD
foreign exchange market as the main FXCM introducing broker in
Russia. The cooperation agreement between the companies was signed
in March 2012.
Aleksey Rodzyanko, Chief Executive Director of IFC METROPOL, says:
“In unstable market conditions we feel the need to diversify our
business and the range of financial products we offer to our
clients including entering the Forex market. It has a fairly large
capacity and grows by approximately 20% each year. This market
seems quite promising to us”.
Russian clients can get access to FXCM products through Metropol
(UK) Ltd., a member of the METROPOL Group of Companies. Local
support to FXCM clients is provided by the METROPOL Group of
Companies head office in Moscow. The corresponding structural unit
was created within the investment and banking block of the Group.
Vera Morgatskaya was appointed the manager of the Metropol-FOREX
project.
Arthur Plaude, Managing Director, Fixed Income Department,
notes: “We have been researching this market and carefully
reviewing partnership options for a long time. There are a lot of
international brokerage firms, but FXCM is the only one that is
listed on the New York Stock Exchange, which guarantees its
accountability and financial stability. The FXCM team includes
product developers, analysts and training specialists. As the FXCM
introducing broker in Russia, we are sure that we offer our clients
a high quality competitive product”.
Vera Morgatskaya, Metropol-FOREX Project Manager, says, “FXCM is
one of few Forex companies whose activities are reliable and
high-tech at the same time. Using the Non Dealing Desk technology,
FXCM works directly with major liquidity providers, that is global
financial institutions”.
Non Dealing Desk automatically processes transactions of any amount
without dealer’s participation with the use of various trading
strategies.
“FXCM offers a wide range of trading instruments: over 60 currency
pairs including the ruble as well as oil, major world indexes and
precious metals. For the convenience of clients, various
point-of-sale terminals can be used from one account”, says Vera
Morgatskaya.
By the end of this year the METROPOL Group of Companies plans to
acquire several hundreds of active clients.
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About the Company
FXCM is one of the leading Forex brokers providing access to
the international exchange market to a wide range of investors. The
company is traded on the New York Stock Exchange. The Company has
over 200 thousand active trading accounts and the total average
monthly turnover of approximately 500 billion dollars (as of May
2012).
www.fxcm.com
