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Global Forex Trading opens office in Tokyo, Japan. Global Forex Trading partners with A.R. Evans in Hong Kong.

Ada, MI (PRWEB) January 26, 2005 -- GFT announced it has opened a field office in Tokyo to further expand its currency trading sales and service operations in Japan, according to GFT Chairman Gary L. Tilkin.

We have witnessed a considerable amount of companies in Asia seeking to get into forex trading either through white labeling our DealBook. FX software or adding forex as an additional financial derivative for their client base, said Tilkin.

GFT s Japan office comprises institutional and retail sales personnel who focus on handling GFT s existing referring party relationships as well as responding to inquiries from prospective institutional partners.

Referring parties encompass a range of relationships to assist GFT in expanding/delivering its fx operations from small companies that introduce traders to GFT to larger securities or futures firms that want to add forex as an additional financial instrument for their client base.

Currently, GFT has partnerships with some of Japan s largest financial firms, including Orix Securities and HS Securities.

Overseeing the day to day sales operations and staff at GFT s Tokyo office is Toshihiko Iida. Formerly, Iida served, as a chief forex dealer for the Bank of Tokyo and has also worked for several other major banks, such as BHF Bank and Swiss Bank Corporation.

Clearly, Mr. Iida delivers a wealth of forex experience to GFT and is perfect to lead our growth in Japan, said Ashraf Ebid, Vice President, Sales and New Business Development, GFT.

To further widen GFT s reach in Asia, a new white label agreement was also recently formalized with A.R. Evans, a leading investment and private equities firm in Hong Kong.

A.R. Evans will market retail and institutional fx services throughout Hong Kong and China. A.R. Evans and its associates have relationships with more than 265 banks worldwide.

The new company will be operating under the brand name A.R. Evans GFT. For each successive year between 2001 and 2004, GFT s year over year volume increased an average of 85 percent.

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