London Gold and Commodities Exchange Formally Launches Foreign Exchange Options Trading Service
LGCEX, a leading provider of commodity futures and brokerage trading services to all types of traders and with access to major markets worldwide has initiated the official launching of another trading service-the Foreign Exchange Options trading Service along with the introduction of a ground-breaking FXOptions Trading platform that will be used by the clients in their forex trading activities.
- (1888PressRelease) September 13, 2012 - Founded in 1938 by a group of veteran traders, London Gold and Commodities Exchange is now recognized as one of the fast growing commodity futures trading service providers in the industry with international key offices in London, USA, and Japan. London Gold and Commodities Exchange has been servicing traders worldwide. With more than 2000 employees worldwide and customer active accounts of nearly 300,000, London Gold and Commodities Exchange has an average of $147 million trading volume each year. Presently, London Gold and Commodities Exchange is making its way towards success in the Foreign Exchange service.
Powered by trading technologies and innovations, London Gold and Commodities Exchange new trading platform which is exclusively designed for Foreign Exchange trading service, has a dominant modeling tool complete of customized interface that allows traders to directly undertake trade using charts, order book, comprehensive reporting usage and complete set of risk management tool. The new electronic foreign exchange trading platform pricing will be provided from liquidity providers on more than 20 currency pairs.
Commenting on the launching of the foreign exchange options trading service and its corresponding trading platform, Mr. Sean Stuart, the CEO and President of London Gold and Commodities Exchange said: "We are very proud to have launched another service for our active clients. This new service is derived from our initiative of providing forex service to most of our clients based on their trading demands and request and since most of them are getting the service of other brokers. Our new forex trading service determines another strategic action in reinforcing our position in the marketplace being one of the pioneers in the industry that provide innovative products and excellent services."
London Gold and Commodities Exchange is expected to offer more trading and risk management strategies rather than spot trading with its new forex trading service. It can be customized for low and high market volatility, bullish, bearish and neutral market conditions. With the firm's new FX options electronic trading platform, it can even quickly and effectively execute vanilla option trading strategies.
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