Alpari Group kicks off indian operations

Fri, Jun 19 2009, 12:04 GMT
http://www.fxstreet.com

Alpari Group, a leading global provider of online foreign exchange (FOREX, FX) trading services today formally launched its India operation and website at http://www.alpari.co.in. Alpari India will offer Forex trading to Indian institutional and retail customers. Individual Indian traders, fund managers and institutional customers will benefit from innovative and proprietary currency-trading technology combined with quality execution and competitive spreads and margins. Alpari India will also provide expert and responsive customer support via their highly professional Customer Services team.

Mr. Andrey Vedikhin, CEO & Co-founder, Alpari (UK) said, “We believe that the Indian market offers healthy prospects for the Alpari Group. India will be one of the first major global economies to emerge from today’s recession. India has a rapidly expanding middle class and a large technology and business-oriented population, which is hungry for online-trading solutions.”

“We already have many Indian clients and are confident that both our retail and institutional offerings will meet the expectations of the Indian Forex trading community. Alpari India is delighted to be able to help shape and drive the Forex market in India,” added Mr. Vedikhin.

Mr. Pramit Brahmbhatt, CEO, Alpari India said, “The Indian Forex market has grown rapidly in recent years, which is a great business opportunity for Alpari India to offer its world-class services to Indian investors and traders. Alpari India offers a new investment alternative, by providing institutional-level trading solutions for retail investors, along with low cost hedging opportunities for corporates. This combination will enable Indian investors to better explore the global currency and bullion markets.”

“We have a long-term commitment to the Indian investor community and are looking forward to offering educational and research initiatives to complement their trading activities,” added Mr. Brahmbhatt.

Alpari India offers institutional-level trading technologies, developed by its Research & Development team. These include a prime brokerage business model, multi-bank liquidity feeds, floating leverage, an automated risk management system, 24 hour-trading, multi-lingual trading platforms and a fifth decimal-pricing format.

In addition to its comprehensive market research services, Alpari India is committed to providing customers with educational resources such as free online video tutorials via the Alpari Academy, helping investors make better informed and more responsible trading decisions.