GFS Investments Opens Office at DIFCPress Release22 Jul 2007 08:52 am
GFS Investments (Middle East) Ltd., a leader in online trading in the global foreign exchange and commodity futures market, announced that it has received a license from the Dubai Financial Services Authority (DFSA) to open an office in the Dubai International Financial Centre (DIFC). From its offices in the DIFC, GFS will work to bring its expertise in the foreign exchange market to its customers throughout the region.
GFS Investments (Middle East) Ltd. is a fully owned subsidiary of US-based GFS Forex and Futures Inc., a registered Futures Commission Merchant (FCM), a member of the National Futures Association (NFA) and regulated by the Commodity Futures Trading Commission (CFTC). GFS has established a reputation as a global leader in commodities trading. GFS Investment’s opening in the DIFC will complement its existing office GFS Forex and Futures Inc. which is already a member of the Dubai Gold and Commodities Exchange (DGCX).
Nasser Al Shaali, Chief Executive Officer, DIFC Authority, said: “We are pleased to welcome GFS Investments to the growing DIFC family, which now includes more than 400 member firms, including a broad range of blue-chip financial services organisations. GFS Investment’s extensive background in the commodity futures and foreign exchange markets will allow the company to make considerable contribution to the regional financial services industry. We are proud to have them make their new home in the DIFC.”
Mike Leung, Director, GFS Investments (Middle East) Ltd., said: “We are extremely proud to join the DIFC, the leading international financial centre in the region. Working in the DIFC will allow us to provide our customers throughout the Middle East access to our foreign exchange and commodities market expertise from a platform that is internationally recognised for its integrity, transparency and efficiency.”