MARKETS: Bullion Capital and Financial FX extend precious metals trading to South America

Bullion Capital, the physical precious metals exchange founded in Australia in 2011, has added Peru-based Financial FX to its list of 80 brokers recruited this year, offering the exchange’s physical bullion trading platform MetalDesk.

The trading platform gives investors the opportunity to achieve portfolio diversification by enabling them to trade physical precious metals on an allocated basis. By purchasing physical bullion via the MetalDesk, investors are given full legal title of their investment and are thus protected from counterparty risk. MetalDesk also offers innovative electronic Vault Warrant technology which allows investors to monetise the value of their bullion by pledging it as collateral and using its value to trade the other asset classes offered by Financial FX.
Clients trading on the MetalDesk can take advantage of price differentials from 11 global trading hubs which are interconnected and fungible with one another, enjoying a full range of trading, clearing, storage and delivery services in one online trading environment.
“It’s incredible to see the MetalDesk trading platform gain traction in new regions and we couldn’t be more pleased to watch how successful it has been in offering a whole new world of opportunities to investors worldwide,” said Thomas Coughlin, CEO of Bullion Capital.
Financial FX CEO Luis Urquiza also commented on this new collaboration, saying “Financial FX has always wanted to play a key role in helping its clients optimize their investment opportunities and preserve their wealth. We are truly excited to be collaborating with Bullion Capital and to be the first broker in South America to offer investors such pioneering market solutions to help them achieve their financial goals”.
Bullion Capital www.bullioncapital.com has trading hub locations in Sydney, Singapore, Shanghai, Hong Kong, London, New York, Bangkok, Dubai, Istanbul, Auckland and Zurich.