TRADEX Global Financial Services, Inc. (OTC: TDXG)
TRADEX, Inc. Looks to Decrease Clearing Costs and Increase Markets and Products Available to Clients
SAN JOSE, COSTA RICA–(MARKET WIRE)–Feb 12, 2007 — TRADEX Global Financial Services, Inc. (Other OTC:TDXG.PK – News), a holding company that owns TRADEX, Inc. (”TRADEX”), a financial services company that provides access to the U.S., Canadian and European financial markets to foreign investors, announced today that TRADEX, Inc. has begun negotiations for a new clearing agreement with Saxo Bank of Denmark.
TRADEX anticipates a new clearing agreement with Saxo Bank will not only offer TRADEX clients more competitive pricing, but will also allow them increased access to financial markets and products, such as Forex and CFDs, with the idea of growing TRADEX’s client base.
“This negotation is being done with the idea to not only reduce our clearing cost and be able to reduce our prices, but to also increase the access to new markets and products for our clients,” commented TRADEX’s CEO Federico Pozuelo. “Our marketing and growth strategies call for lower clearing costs as well as additional markets and products to which our clients have access. We believe these negotiations with Saxo Bank will help further those goals and increase client satisfaction.”
About TRADEX, Inc.
TRADEX, Inc., a wholly owned subsidiary of TRADEX Global Financial Services, Inc. (Other OTC:TDXG.PK – News), is a financial services company that is responsible for carrying out all the operations and marketing. TRADEX, Inc. specializes in providing access to the U.S., Canadian and European financial markets for foreign or international investors and corporations, using the highest trading technology and offering various trading platforms and clearing relationships.
TRADEX’S unique trading technology and platforms allows its clients to have the most advanced technology and direct way to trade in the U.S., Canadian and European financial markets. The Company’s primary target markets are self-directed clients, institutional clients and privately managed accounts. For more information on TRADEX visit www.tradex-global.com
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward-looking information,” within the meaning of applicable securities legislation, concerning the business, operations and financial performance and condition of TRADEX Global Financial Services, Inc. Forward-looking information includes, but is not limited to, statements with respect to new plans and capital expenditures. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” or “believes,” or variations of such words and phrases or state that certain actions, events or results “may,” “could,” “would,” “might” or “will be taken,” “occur” or “be achieved.” Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of TRADEX Global Financial Services, Inc. to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to arbitration, international operations; conclusions of economic evaluations, etc. Although TRADEX Global Financial Services, Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. TRADEX Global Financial Services, Inc. does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.
Contact:
Contact:
Hernan Castro
CFO
800-849-0590
info@tradexdirect.com
Source: TRADEX Global Financial Services, Inc.
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