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Computershare and Velocity Trade enter into a strategic marketing relationship

Nov 04th, 2010

A Strategic Relationship to Benefit Companies

Introducing Canadian Corporations to Potential Savings on their FX Trading Requirements

Computershare and Velocity Trade Enter Into a Strategic Marketing Relationship to Benefit Canadian Listed Companies

TORONTO, ONTARIO–(Marketwire – Nov. 4, 2010) – Computershare (ASX:CPU) announced today that they have established a strategic marketing relationship with Velocity Trade to introduce Computershare’s corporate clients to Velocity Trade’s unique foreign exchange (FX) trading services which offer efficiencies as well as potential savings on corporate FX trading requirements.

“We are introducing Velocity Trade to our clients because it can likely save them money,” said Margot Jordan, Senior Vice-President of Computershare Investor Services. “While the offer is worth consideration for a corporation of any size, we think this service is of particular benefit to small cap issuers who may want to leverage Velocity Trade’s global FX purchasing volume to obtain a better deal on their foreign exchange rates.”

“Velocity Trade shares Computershare’s commitment to superior customer service and understands the importance of continually adding value for clients,” said Simon Law, Principal Partner, Velocity Trade. “We are very excited about this strategic marketing relationship with Computershare, which will enable us to more effectively extend the value of our FX trading services to more Canadian corporations.”

About Computershare Limited (CPU)

Computershare (ASX:CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.

Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world’s leading organizations use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers.

Computershare is represented in all major financial markets and has over 10,000 employees worldwide.

About Velocity Trade

Velocity Trade, with offices in Toronto, New York, London, Sydney and Auckland, offers foreign exchange dealing to corporations, institutions and broker-dealers through online platforms and dedicated traders. Velocity Trade is regulated by the Financial Services Authority (FSA) in UK; ASIC, Australia; NZSC, New Zealand and is registered with Her Majesty’s Customs and Excise (HMRC). They are a London Stock Exchange member, and registered with FINTRAC in Canada as Money Services Business.

Click here to read the full press release.

Article originally appeared: November 04, 2010