Finotec Group, Inc. announced the Release of its White Label On-Line Trading Platform Software Solution
September 04 2008 - 8:00AM
PR Newswire (US)
The solution will be offered to financial institutions world-wide
NEW YORK, Sept. 4 /PRNewswire-FirstCall/ -- Finotec Group, Inc.
(OTCBB: FTGI), an on-line foreign exchange company whose UK
subsidiary, Finotec Trading UK Limited, is regulated by the FSA in
the United Kingdom, has released its White Label On-Line Trading
Platform software solution for financial institutions. The solution
is being offered to financial institutions looking to enhance their
trading business via state-of-the-art technology offered under
their own brand name. Finotec's proprietary Finotec Trading
Platform delivers real time pricing and high-quality executions,
plus integrated charts, news, position management tools, and more.
The rich, easy-to-use interface is currently available in several
languages, and can easily be adapted to additional local markets.
Finotec will offer a number of different pricing choices to clients
purchasing the system in order to assist the budgetary needs of the
institutions purchasing the solution. "The Finotec Trading Platform
is a beneficial solution for traditional financial services firms
seeking to move their FX trading operation online, as well as for
established online brokers or trading firms, wanting to expand
their product offering," says Didier Essemini, Chairman of the
Board and CEO of Finotec Group, Inc. "With demand for online
trading reaching record highs, the Finotec trading platform
solution will be offered to over 5,000 financial institutions
world-wide and can be implemented at leading financial institutions
around the world. We expect to start selling this solution
immediately." The benefits of Finotec's proprietary trading
platform include a strong fully-integrated risk management and
client relationship management system. Finotec's technology can be
adapted to suit market making, hedge funds/CTAs, spread trading,
institutional retail and proprietary needs. It is a turn-key
solution that is adaptable to the specific needs of the end-user.
The system also includes a full back-end solution including CRM,
back-office, marketing applications, SMS alerts module, statistics
and accounting module with real-time P&L reporting. 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,
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