Quadro Capital Partners (QCP) and Forex Club have announced their intentional team up and seek out investment projects, honing in on Forex and CFDs to bolster their internet trading market projects.
Indeed, the partnership between the two companies represents an opportunity for each to fortify their existing offerings – QCP specializes in consumer markets and B2C, B2B services. Alternatively, Forex Club is a Forex provider based out of Cyprus. The decision comes on the heels of record low volatilities, which have helped erode profitability of several Forex brokerages, most of which have illustrated lackluster H1 volumes in 2014.
According to a recent statement from Forex Club, the planned investment is estimated at $50 million per project, ideally distributed and managed over the Forex Club group of companies. In addition, the new investment will likely target the Eastern European and Russian region, including prospects in the European Union, Russia, Ukraine and CIS.
According to Vyacheslav Taran, Co-Founder of FOREX CLUB Group of Companies, in a recent statement on the initiative, "We are currently witnessing the worst situation in terms of Volatility of financial instruments in the last 35 years. Something similar only ever took place in August 1998 and April 1978. If we look at the eurodollar volatility that is important for us, it is now the lowest since the very creation of the euro. Profitability in our business is a function of volatility. Consequently, now is one of the best moments for us to develop our business by investing in promising companies that have been forced into a crisis. While for these companies it's a good means to survive through the crisis, and for many of them - a chance to resolve a difficult situation in a dignified manner, without violating their obligations to clients."
