London, 22nd October 2010. London Hong Kong Exchange Plc (“LHKX PLC”) announces a strategic partnership with gnuTrade to develop a customised LHKX financial gaming, competitions and trading platform. Some key features and benefits of the platform will be:
• Free access to live prices of the biggest stock indices, bonds, currencies and commodities
• ‘Back a player’ facility which lets you bet on successful traders instead of trading directly
• ‘Stop loss’ feature to minimise trading risks
• Opportunity to win real money when trading with play money
• Clear, jargon-free audio-visual guides to trading and ‘FAQs’
• Free advanced software, with no downloads required
• Quick, secure payout and deposit methods
• Live chat rooms, forums and up-to-date world news reports
Wayne Lochner CEO of LHKX PLC said “ LHKX PLC is delighted to partner with gnuTrade to be in a better position to provide a financial gaming, competitions and trading platform that we know is exciting and is already tried and tested. Our goal is to launch this first stage of our overall strategy which is to provide innovative financial services to qualified investors.
Lieven Van Marcke, managing director and founder of gnuTrade, said: “gnuTrade appeals to novice traders as well as experts. It is also popular with people who are learning to trade because we offer live, practice trading with play money. In general, our distinctive design features and user-friendly, colourful trading screen makes trading easy and more fun for all. We are looking forward to working with the LHKX team to give more people access to modern ways to trade.”
gnuTrade (pronounced “noo-trade”) is a financial trading company that brings new ways to trade the markets and a completely new type of trading screen. gnuTrade was founded by Lieven Van Marcke, an experienced financial trader who felt that conventional trading platforms were more complicated than they needed to be and were preventing people from exploring their trading potential. Mr Van Marcke then teamed up with programmers and design specialists to rethink the way financial data is displayed and conveyed to traders. They came up with the unique, game-like trading platform that is gnuTrade and also created new, easier ways to bet on the world markets. GnuTrade has offices and development teams in the UK, Curacao, Chile, India, Spain and South Africa.
About LHKX PLC:
London Hong Kong Exchange Plc (“LHKX”) is a UK domiciled holding company for a group of companies active in provision of innovative financial services and products to empower the qualified investor. LHKX’s strategy is to give the investor control over their investments. http://www.lhkx.com
For further queries please contact:
LONDON HONG KONG EXCHANGE PLC
1 Canada Square
London E14 5AA
Tel: +44 20 7 193 3853
The information in this press release constitutes „forward-looking information“. Other than statements of historical fact, all statements are „Forward-Looking Statements» that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these „Forward-Looking Statements“. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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