"We anticipate rapid expansion of their client base and believe that Alpari (Japan) will become the number one MetaTrader broker in the country," says Daniel Skowronski, CEO of Alpari (US).
New York, NY (Vocus/PRWEB) April 09, 2011
Alpari (US), LLC (“Alpari”), a global provider of foreign exchange (“Forex”, “FX”) trading services, today announces that its affiliate overseas has established a new company to facilitate the mature Forex market in Japan. Alpari (UK) has acquired the Japanese assets of CMS Forex; renamed Alpari (Japan). The office will be an independent entity providing trading services in Forex, contracts for difference and precious metals.
Daniel Skowronski, CEO of Alpari (US), comments, “We are especially excited about the prospects for Alpari UK in Japan, a country where Forex is very popular and well understood. We are confident that the proven Alpari business model, focused around highly advanced trading technology, outstanding client service and a global team of experts, will position the company competitively in this sophisticated market. We anticipate rapid expansion of their client base and believe that Alpari (Japan) will become the number one MetaTrader broker in the country.”
Combined, Alpari (UK) and the previous CMS team in Japan will hit the ground running, as each have extensive experience in the Japanese Forex market. Until December 2010, Alpari (UK) provided a full suite of trading services to Japanese residents who were enamoured by the MT4 execution model in place. It is that interest that has enabled the company to establish a physical office within the country and capitalize on the enormous potential from Japanese traders who identify Alpari as one of the leading MetaTrader providers in the world.
Skowronski adds, “With the former team of CMS Forex in place, Alpari UK is looking forward to becoming a local player in the notoriously difficult Japanese market. Alpari (US), a key member of the Alpari group of companies, will benefit as the Alpari brand continues to expand and become recognized across the globe.”
About Alpari (US)
Alpari (US), LLC was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and a Retail Foreign Exchange Dealer and has been a member of the National Futures Association (NFA) since 2007, Member ID: 0379678. Alpari (US) is an independent entity within the group of Alpari companies.
About the Alpari companies
With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex”) trading services. The group of Alpari companies has more than 50 offices in cities in over 20 countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 440,000 customer accounts*, generating monthly trading volumes in excess of $160 billion**, and employ over 550 people* worldwide.
Alpari (UK) Limited is an award-winning Forex, CFD and precious metals broker headquartered in the heart of the City of London and with offices in Germany, China and India. Alpari (UK) is authorised and regulated by the Financial Services Authority (FSA) in the United Kingdom. FSA Register number 448002. Company No. 05284142.
Alpari (Deutschland) GmbH, based in Frankfurt, is a wholly owned subsidiary of Alpari (UK). Alpari (Deutschland) provides investment services to retail and institutional investors in the German-speaking region as a tied agent of Falcon Asset Management GmbH, Königsallee 50, 40212 Düsseldorf, BaFin registration number 117767, according to § 2 Abs. 10 KWG.
Alpari Forex (India) Pvt. Ltd. is a subsidiary of Alpari (UK). The company was formed under the Indian Companies Act 1956 and incorporated in 2008. Providing currency trading services to Indian institutional and retail customers, Alpari (India) is a member of the NSE (National Stock Exchange of India), MCX-SX (MCX Stock Exchange) and USE (United Stock Exchange).
Alpari (US), LLC is one of the leading providers of online Forex, commodity futures, options and precious metals trading services. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer and has been a member of the National Futures Association (NFA) since 2007, member ID: 0379678.
Alpari ME DMCC is licensed by the Dubai Multi Commodities Centre, Dubai. The company is a member of the Dubai Gold & Commodities Exchange.
Alpari (Russia), established in 1998, is a leading Forex, CFD and precious metals broker based in Moscow and regulated by the Financial Regulation Agency in Russia.
Alpari Financial Services is based in Cyprus, CySec licence number 129/10.
Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter products such as contracts for difference carries a high level of risk and client losses can exceed deposits. These products may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Financial Services Authority (FSA), Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.fsa.gov.uk, http://www.cftc.gov and http://www.nfa.futures.org
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