Prime Capital And World First Discuss Strategic Partnership

Top Quote Prime Capital, a Dubai based provider of foreign exchange, are currently in discussions regarding a strategic partnership with World First, the second largest UK based foreign exchange company. End Quote
  • New York, NY (1888PressRelease) October 02, 2013 - Prime Capital, a leading online provider of foreign exchange, or FX trading and related services worldwide, are currently in discussions regarding a strategic partnership with World First, a leading foreign exchange company and payment service provider. Financial terms have not been disclosed.

    David Allen, Vice President of Investment Operations at Prime Capital announced today that the joint venture discussions between Prime Capital and World First are progressing very well. ¨We are very excited at the prospect of a joint venture between us and such an esteemed company as World First.¨ said Allen. ¨Although we are still awaiting a confirmation of this partnership, our talks are reaching a mature stage and we are very hopeful that an agreement can be reached.¨

    The prospective partnership will ensure Prime Capital´s worldwide clients receive optimum rates for currency transfers, saving an average of 3-5% in real terms compared to current bank charges and fees.

    About Prime Capital
    Prime Capital specializes in systematic, quantitative trading systems for the Global Spot Currency (FOREX) market. Harnessing the Prime Capital team has developed proprietary systematic technologies that trade the FOREX market and capitalize on the intraday or day-to-day movements exhibited by the global currency market. To accommodate the needs for both private and institutional investors, Prime Capital offer trading systems to suit every investor's mentality and expectation.

    More information about Prime Capital is available online at www.prime-fx.com.

    For further information please contact John Langston or Kareem Patel at Prime Capital on +971 4453 2632/ pr ( @ ) prime-fx dot com or j dot langston ( @ ) prime-fx dot com dot

    About World First
    World First is a UK-based foreign exchange company. It offers currency exchange and international payments to private clients and corporate clients in the UK and a number of other countries. Whatever your reason for transferring money overseas, World First offer the widest range of choices for exchanging currency quickly, safely and at the best rates available.

    More information about World First is available online at www.worldfirst.com.

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