South America is a market often missed by brokers. Bullion Capital dives into the southern hemisphere to bring trading of precious metals, together with Financial FX.
Here is more data from the official press release:
17 September 2015: Bullion Capital, the world’s primary physical precious metals exchange, has just announced a new collaboration with Peru-based brokerage Financial FX. Having added almost 80 brokers to its membership base in 2015, Bullion Capital has experienced a year of record expansion.
Financial FX entered the market in 2013, with a mission to preserve and increase the wealth of investors by providing access to the forex and CFD markets. As a full member of Bullion Capital, Financial FX is now opening new doors to its clients by offering the exchange’s innovative physical bullion trading platform MetalDesk.
“It’s incredible to see the MetalDesk trading platform gain traction in new regions and we couldn’t be more pleased to watch how successful it has been in offering a whole new world of opportunities to investors worldwide” said Thomas Coughlin, CEO of Bullion Capital.
The MetalDesk trading platform gives investors the opportunity to achieve portfolio diversification by enabling them to trade physical precious metals on an allocated basis. By purchasing physical bullion via the MetalDesk, investors are given full legal title of their investment and are thus protected from counterparty risk. In addition to this key advantage, the MetalDesk also offers innovative electronic Vault Warrant technology which allows investors to monetize the value of their bullion by pledging it as collateral and using its value to trade the other asset classes offered by Financial FX.
Financial FX CEO Luis Urquiza also commented on this new collaboration, saying “Financial FX has always wanted to play a key role in helping its clients optimize their investment opportunities and preserve their wealth. We are truly excited to be collaborating with Bullion Capital and to be the first broker in South America to offer investors such pioneering market solutions to help them achieve their financial goals”.
Clients trading on the MetalDesk can take advantage of price differentials from 11 global trading hubs which are interconnected and fungible with one another, enjoying a full range of trading, clearing, storage and delivery services in one online trading environment.