Frankfurt, Germany, October 16, 2010 --(PR.com
)-- Lance Futures, which has been registered with the Ministry of Commerce and Finance, is planning to commence the new online trading service for selected Asian countries on November this year. Its operation will be patterned the same way on the commodity exchanges around the world according to Mr. Benjamin Peterson, the Managing director for Asian Trading operation. He added that the new service will empower Asian investors to trade commodities through online commodity futures trading with access to global financial and commodity markets.
Similarly, the same online trading will be soon launched in some neighboring countries of Asia as the Lance Futures Survey Team have already initiated the plan. The Lance Futures has come up with this decision of offering online trading to Asian countries as it aspire to enhance impartiality and price transparency within the commodity markets in Asia. The initial plan is to provide round the clock online trading five days a week in all available international commodity futures markets while intensifying the trading period for local markets to assist local investors.
Furthermore, Lance Futures will ask an affordable amount for the membership fee for the participation in the commodity exchange that it undertakes. On the other hand, the proper online trading may takes place at the clearing members’ level as they are considered as instant matching part of the market in providing market liquidity.
“The new commodities online trading exchange will also help promote Asian agricultural products as well as help them maintain its prices. If this initiative will be realized soon, Asian farmers will surely benefit from it and it will help them gain wider markets for their agricultural products,” Peterson expressed.
About Lance Futures
Lance Futures is an internationally recognized commodity brokerage service company based in Frankfurt, Germany. It offers its clients exclusive trading recommendations from our financial analysts and brokerage experts who have more than a decade of commodities trading experience alongside with its commendable discount, online trading, broker assisted trading, full service brokerage accounts, managed accounts and forex. The firm’s mission is to keep our clients updated on all facets of the futures and options markets. To ensure this, we give our clients access to news and geopolitical events from all corners of the globe.