Velocity Trade Capital Ltd. engages CIBC World Markets as carrying broker
May 25th, 2015
Velocity Trade Capital Ltd. (“Velocity Trade Capital” or the “Firm”)announces that it has engaged CIBC World Markets Inc. (“CIBC”) to manage all clearing and record keeping activities for and on behalf of the Firm.
Additionally, Velocity Trade Capital may, from time to time, access CIBC’s other wholesale banking capabilities, including equity financing, trade execution, securities lending and margin lending, as well as a wide array of global settlement accounts.
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.