Tag Archives: Bullion
ADS Securities – Prime
Prime from ADS Securities is a new service which changes the way professional, individual (private) clients trade forex, bullion and CFDs. It has been developed to meet the growing demand for a more personalised solution which sets out to maintain and grow investments, taking into account different appetites for risk and reward.
Client service is at the core of Prime, which provides institutional standards of execution and support for private clients.Prime offers individual trader’s access to ADS Securities exceptional pricing,across a large range of FX pairs as well as gold and CFDs, which is made possible by having deep liquidity and market leading technology. Clients can trade knowing that ADS Securities is a well-capitalised brokerage, regulated by the Central Bank of the UAE.
ADS Securities is headquartered from Abu Dhabi and in 2012 was voted the Middle East’s Brokerage of the Year.(Read more)
NEW YORK, June 25, 2012 /PRNewswire/ — Daulton Capital Corp. (OTCBB: DUCP) (to be renamed Celframe Arx Resources Corp) a gold and precious metals exploration company, is pleased to announce that it has entered into a $105 million forward Gold sales contract with Salam International Limited. Salam International Ltd is a Dubai gold trading company which procures gold and sells to large Gold refineries in Dubai & Abu Dhabi, United Arab Emirates. The company has executed a forward gold sale contract for the sale of USD $105 million 99.9% pure gold bullion at a price equal to discount of 5 % (LME -5) to the 2nd London Metals Exchange fixing price on the date of each tranche delivery. The contract is for a term of 36 months and provides for the gold to be delivered 6 to 9 months from the date of signing as Celframe ARX Resources gears up for production at its Queensland, Australia site. The purpose of the forward gold sales contract is to enable immediate working capital to fund ongoing gold production at the ARX Springs project.