LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Following the recent appointment of former GFT senior executive Andrew Taylor, Royal Forex (OTCQX:RYFL) is poised to expand its reach further, subsequent to over ten years in business, with a new office in Australia, headed by Mr. Taylor as CEO. The new entity, Royal Financial Trading Pty Ltd, is regulated by the Australian Securities and Investments Commission (ASIC).
According to Mr. Taylor, “Royal is looking to have a breakout year in 2015. Understanding the Royal business and its superb reputation that has been built by the clients within the markets we operate in, it is time for us to project our success globally. As an established broker, we already have access to many markets and asset classes” he stated.
Expanding into Australia is a logical step for a company that has emphasized emerging markets since its inception as a publicly listed firm on the OTCQX secondary marketplace for companies which trade on several trading venues worldwide.
Royal has taken a leadership position in North Africa and the Middle East, with Royal’s Sydney location now being well positioned to enable the company to take advantage of the highly developed capital markets and business-friendly environment in Australia which “provides a solid first step of Royals global expansion plans” according to Chairman and Royal Forex CEO Mr. Rayan El Annan.
“Royal now has the opportunity to show investors and traders in the Australian market exactly what has made us so successful – excellent customer service, refined market knowledge, solid execution across multiple asset classes, market leading spreads with deep liquidity, and an overall rewarding investment experience” concluded Mr. El Annan.
In the near future, Royal Financial Trading Pty plans to roll out a redesigned website with smart features for investors. The company has always strived to be a user-and-service-oriented platform, leveraging technology to help investors and companies meet their goals. Likewise, Royal’s expansion will eventually include locations in the emerging capital markets of Latin America.
Mr. Taylor concluded: “To help our clients achieve their targets, we are constantly rethinking and advancing our service level. Looking forward, our mission is to deliver the Royal brand and suite of innovative products to the global market and capture market share through a transparent and flexible approach to business that will be executed with integrity, reliability and exemplary personal service.”