Australia and New Zealand Forex Market Gathering Steam

Leading Australian Forex Trading Broker IC Markets Ends a Record 20...
International Capital Markets Pty Ltd (IC Markets) a market leading Australian forex broker today announced its 2011 results culminating an exciting year for the company. Over the 2011 year forex trading volumes increased by 83%, with the number of clients increasing by a record 93% representing two straight years of double digit growth. IC Markets continues to expand throughout the Asia Pacific region with trading volumes in Australia and New Zealand accounting for 52.8% of total volume up from 38.7% in 2010, trading volumes from Asia contributed 31.2% up from 12.4% in 2010.


Saxo Capital Markets Launches Australian Retail Operations
SYDNEY, AUSTRALIA, Jan 30, 2012 (MARKETWIRE via COMTEX) -- Saxo Capital Markets (Australia) Pty Ltd ('SCM Australia'), the online trading and investment specialist, today announced the launch of its retail operations in Australia, offering investors the opportunity to trade thousands of asset classes across award-winning online platforms.
Saxo Capital Markets (Australia) Pty Ltd is a wholly-owned subsidiary of Saxo Bank A/S. It holds an Australian Financial Services Licence 280372 and is regulated by the Australian Securities & Investments Commission.
The move extends Saxo Bank Group's reach in the fast-growing Asia-Pacific, and is consistent with its goal of being the premier multi-asset online trading platform in the world.

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