TRADEX Global Financial Services, Inc. (PINKSHEETS: TDXG) continues to issue news that may get the attention of its investors. Yesterday the company, a financial services company that provides access to the U.S., Canadian, European and Asian financial markets to foreign investors, issued a press release announcing that it has passed on its reduced clearing costs to its clients and now offers reduced brokerage commissions based on each client's trading activity.
In discussing TRADEX's reduced brokerage commissions, TRADEX Global Financial Services' CEO, Federico Pozuelo, stated, "TRADEX is pleased to be able to pass on its reduced transactional costs to its clients and provide a price structure that is competitive in today's online trading marketplace. Our goal is to provide the best access, technology and price structure to our clients which we anticipate will assist TRADEX's growth as well."
If you haven't been paying attention to TRADEX Global Financial Services, you may want to start. Stock Market Alerts first initiated coverage on the company last week when it announced that it had signed a new Clearing Agreement with Interactive Brokers, Inc. (one of the largest Broker/Dealers and Mutual Fund companies in Costa Rica), which will provide a considerable reduction in its transactional cost.
A few days later the company has issued another press release, this time announcing that it has launched its new website: http://www.tradexdirect2.com. The new website is designed to allow TRADEX clients with access to all of the various trading platforms and clearing relationships available through TRADEX.
The company appears to be headed in the right direction.
TRADEX stock closed Thursday at Fifteen cents a share.
For an in-depth profile of TRADEX Global Financial Services, visit http://www.wallstreettradingalerts.com/TDXG012507.html
TRADEX, Inc., a wholly owned subsidiary of TRADEX Global Financial Services, Inc. is a financial services company that is responsible for carrying out all the operations and marketing. The company specializes in providing access to the U.S., Canadian and European financial markets for foreign or international investors and corporations, using the highest trading technology and offering various trading platforms and clearing relationships.
TRADEX's unique trading technology and platforms allows its clients to have the most advanced technology and direct way to trade in the U.S., Canadian and European financial markets. The Company's primary target markets are self-directed clients, institutional clients and private managed accounts.
Other Stocks of interest yesterday were:
eBay (NASDAQ: EBAY) up 8.1% on 94.3 million shares traded. eBay pioneers communities built on commerce, sustained by trust, and inspired by opportunity. eBay enables ecommerce on a local, national and international basis with an array of Websites -- including the eBay Marketplaces, PayPal, Skype, Kijiji, Rent.com and Shopping.com -- that bring together millions of buyers and sellers every day.
Apple, Inc. (NASDAQ: AAPL) down 0.5% on 32.3 million shares traded. Apple is an award-winning desktop and notebook computer manufacturer.
Broadcom Corporation (NASDAQ: BRCM) up 1.2% on 17.8 million shares traded. Broadcom Corporation is one of the leaders in semiconductors for wired and wireless communications.
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