Thursday, October 8th, 2009 - Varengold Bank FX
Varengold Bank, the award winning German investment bank, now offers 15 new foreign exchange (FX) currency pairs.

The pairs, representing currencies from Eastern Europe, South Africa, and Scandinavia, debuted on the 1st of October.

“As these economies continue to grow in importance and further integrate into the global economy, investors are seeking new ways to profit in these markets,” says Ilja Perschbacher, Managing Director of Varengold Bank Dubai. “Today Varengold Bank reaches yet another milestone in its expansionary path to further empower our traders with deep liquidity and tight spreads.”

With the addition of these currencies, Varengold investors can now benefit directly from major economic and political developments and hedge currency risks for other investments.

New Currency Pairs:

EUR / NOK
CAD / CHF
EUR / CZK
EUR / HUF
EUR / NZD
EUR / PLN
EUR / SEK
GBP / NZD
NOK / SEK
USD / CZK
USD / HUF
USD / NOK
USD / PLN
USD / SEK
USD / ZAR

Further information about Varengold Bank is available at www.varengoldbankfx.com

Contact Profile

Varengold Bank FX


Founded in 1995, Varengold was the first German investment bank to focus exclusively on Managed Futures, Hedge Funds and Alternative Investments. It currently enjoys an outstanding reputation among other banks, funds, and private investors. To this day it remains the only German investment bank to specialize in Managed Futures and Hedge Funds for mid sized institutional and private investors.

Varengold initially developed a Capital Markets - Brokerage segment to support its own risk management, but has now expanded this segment to provide services for more than 7,000 customers worldwide who use the bank to trade Futures, Options, CFDs and Forex.
Christopher Swindell
P: +971.4.70.504.70
W: www.varengoldbankfx.com

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Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian Krone, and Swedish Krona.

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