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Velocity Trade to widen execution capabilities

Jan 01st, 2011

e-FX News – Velocity Trade (VT), the Canadian Forex broker, located in Toronto and London has announced aggressive plans to widen execution capabilities and overall client coverage. “Our Clients have global needs that will now be serviced under a single VT umbrella” said Simon Grayson, Principal Partner. The expansion includes the acquisition of a broker, based in Auckland, NZ and Sydney, Australia. “This acquisition will give VT a significant presence in the Asia Pacific region.

Greg Morgan, VT Principal Partner will relocate to the region to run the growth strategy. Additionally, Velocity has entered in to a strategic marketing relationship with Computershare, offering foreign exchange execution services to Computershare’s Canadian client base and are exploring opportunities to cooperate further in other jurisdictions. Computershare is the world’s largest and leading provider of investor services, operating in more than 20 countries. VT has also announced plans to expand offices to include; Vancouver, New York and Charlotte, NC.

Article originally appeared: 2011