Finotec Group, Inc. trading volume for July 2008 has increased by 88% over its trading volume one year ago.
August 25 2008 - 8:51AM
PR Newswire (US)
NEW YORK, Aug. 25 /PRNewswire-FirstCall/ -- Finotec Group, Inc.
(OTCBB: FTGI) announced that its trading volume for the month of
July 2008 was US$4.9 billion, an 88% increase over its trading
volume for July 2007 which was US$2.6 billion. This increase is
attributable primarily to the opening of Finotec's office in the
heart of the financial district of London, England in January of
this year. This strategic move was a result of Finotec receiving
regulatory approval from the Financial Services Authority (FSA) in
the UK to offer cross border investment services in various
European countries, from its UK office. "We are proud to announce
that, during the past year, client trading volume has almost
doubled," says Didier Essemini, Chairman of the Board and CEO of
Finotec Group, Inc. "We are confident that Finotec is well
positioned for positive growth and we hope to reach US$10 billion
monthly trading volume within the next twelve months." Finotec
Group, Inc. http://www.finotec.com/ Finotec Group, Inc., a pioneer
in online forex trading, developed an internet-based software
platform that allows clients to trade in the foreign exchange
market. In addition to offering online forex trading, Finotec also
offers online trading in indices, equities, commodities, futures
and options in one integrated user-friendly system. The Finotec
online platform offers real-time pricing and a sophisticated
charting tool with over 50 easy-to-use technical indicators.
------------------- Cautionary Statement under "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995:
Statements made in this fact sheet may contain information about
the Company's future business prospects. These statements may be
considered "forward looking" and are subject to risks and
uncertainties that could cause actual results that differ
materially from those set forth or implied by such forward looking
statements. DATASOURCE: Finotec Group, Inc. CONTACT: Finotec Group,
Inc., Investor Relations, (212) 796-6417,
Copyright