London Multi Commodities Exchange Introduces Direct Access, Flat-rate Commission for Aussie Options Traders

LMCEX, is happy to announce its new service for Australian traders and investors- the direct trading access at flat commission rates. End Quote

(1888PressRelease) October 27, 2012 - The new service allows Australian clients to trade through ASX listed options on a real flat commission rate structure of $1.80 per contract plus exchange charges with no minimum to trade. London Multi Commodities Exchange also provides wide-array of order types, the capabilities of making direct quote requests and direct trading access for spreads.

At present, most of the Australian stocks are offered at reasonable commission rate of .05 to .08 percent at a minimum trade of $6. London Multi Commodities Exchange also allows the traders to exercise their freedom to short these stocks.

For its almost three decades in the brokerage industry, London Multi Commodities Exchange has received number of recognitions from the business sectors as well as from well known finance and business magazines for its excellent trading performance for the past years and for its affordable trade composition.

"Our decision of embracing Australian listed options, futures options and stocks is part of our initiative of providing brokerage services worldwide as well as access to some liquid derivatives in the international markets, said Mr. Marti Hallberg, the Managing Director of London Multi Commodities Exchange.

Marti Hallberg also added that the options market of Australia is such a dynamic and liquid environment which pushes traders and investors to traverse its market. It is therefore normal for the brokerage trading firm to show interests to make this edge accessible through its trading platforms.

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