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Velocity Trade Becomes Full Member of the London Bullion Market Association

Source: Gin

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Velocity Trade International (Velocity Trade), a global broker dealer that has international offices located in North America, Europe, the UK, Australasia and Africa, announced that following a comprehensive review, it has been accepted as Full Member of the London Bullion Market Association (LBMA). 

Simon Grayson, CEO of Velocity Trade, commented: "London has traditionally represented the core of the global physical precious metals market, and provides both a strong trading environment itself as well as a bridge between Eastern and Western markets." 

He added: "As Velocity's precious metals business continues to grow, expanding our presence and participation in this important crossroads was the natural next step."

Velocity Trade's precious metals business provides physical, allocated and unallocated trading for clients in markets around the world, all integrated with key services in foreign exchange and derivative hedging.

In addition, the broker has also been expanding its liquidity and trading service offerings. Over the past year, Velocity Trade successively reached cooperation with Takeprofit Tech​, a Russian financial technology software developer, and TradingView​, the all-things trading platform for traders and the global leader in charting and analysis tools.

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