Magna Partners changes name to Velocity Trade Capital Ltd.
Apr 08th, 2015
Velocity Trade Capital Ltd. (“Velocity Trade Capital”, or the “Firm”)announces that on March 19, 2015 the Firm, formerly named Magna Partners Ltd., changed its name to Velocity Trade Capital Ltd. The change of name is a result of the recent acquisition of Magna Partners by Velocity Trade Holdings Ltd., and branding under the new name of Velocity Trade Capital allows the firm to operate seamlessly within the Velocity Trade group of companies that are regulated in other global markets, namely, United Kingdom, Australia, and South Africa.
Velocity Trade Capital has maintained its existing Participating Organization Number 55 on the TMS.
About Velocity Trade Capital LTD.
Velocity Trade Capital is a Toronto-based broker/investment dealer offering institutional trading and corporate finance services to institutional clients on a global basis. It is the most recent addition to the Velocity Trade group of companies, which have regulated entities operating in their respective jurisdictions of the United Kingdom, Australia, New Zealand, and South Africa. Clients of the Velocity Trade Group of Companies have full advantage of the pre-existing trading and settlement infrastructure between the global offices, enabling international transactions and real-time access to all foreign exchange currency and equity markets.
Velocity Trade Capital Ltd. is registered as an investment dealer and member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF) and a Participating Organization (#55) of the Toronto Stock Exchange (TMX Group, including TSX Venture Exchange), Chi-X Canada / CX2 Canada, Omega ATS, TriAct Canada, CNSX Markets and Aequitas NEO.
For further information, please contact:
416 640 0590
No securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Caution regarding forward-looking information
This news release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Velocity Trade’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.