Tuesday, September 22, 2009

CMS Forex UK launches

Capital Market Services LLC, a worldwide leader in online Forex trading, is expanding with the launch of its FSA regulated subsidiary and affiliate in the United Kingdom - CMS Forex UK (www.cmsfx.co.uk).

Headed by Damien Francis and Alex Hartley, CMS Forex UK will bring its unique combination of personalised customer service and advanced FX technology to both institutional and private clients in the UK and overseas.

Clients will have access to CMS Forex’s full suite of services including: its own advanced trading platform VT Trader; the popular CMS MetaTrader4; free market analysis and education; quality trade execution; and competitive spreads. CMS Forex UK will offer several unique products and trading terms not offered at CMS Forex in the USA, including the ability to hedge trades, flexible use of stops and limits, up to 400:1 leverage and fully segregated accounts. In the coming months, further new products will also be added including Commodities and CFDs.

“Since our inception in 1999, we have been steadily expanding in the Forex industry and growing our global footprint,” said Vera Hawkin, CEO of Capital Market Services, LLC. “Launching this new office will allow us to provide even more personalised care and enable us to better cater to clients from the UK and overseas”.

Damien Francis added: “I am thrilled to be joining CMS Forex, and am proud to be leading the development of this key strategic office. Looking after our customers will be our number one priority and I am particularly excited about introducing them to VT Trader. This will enhance our clients’ trading experience via web, mobile or desktop, through powerful trading, charting and news tools, with a high degree of customisation. We also have the unique opportunity of building and developing the right team of staff from scratch – new key hires will be made in the coming months.

Until recently Damien Francis was a Board Director and Head of Marketing at ODL Securities, where he was instrumental in turning the business into a leading retail brand, and helping to develop the trading house’s global expansion strategy. He is joined by Alex Hartley as Compliance Director. Hartley has over 24 years global compliance and board level experience including roles at Lehmans, West LB, IFX Markets and ODL Securities.

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