Currensee launches Trade Leaders Investment Program in The Netherlands
Announces partnership with Dutch investment specialist to offer unique access to world currency markets
Amsterdam, 17 November 2011 – Currensee, the leader in bringing the world currency markets to investors and financial institutions, today launched The Trade Leaders™ Investment Program™ in the Netherlands via www.currensee.nl. Now, investors in the Dutch market can experience this unique investment service, which lets investors and financial institutions automatically receive the trades of professional foreign exchange traders, called Currensee Trade Leaders. The company also announced a partnership with Transparent Assets Group, a company that works with both private and institutional clients and specializes in the search, selection, evaluation and auditing of investment firms. Transparent Asset Group is the premiere partner for Currensee in the Netherlands.
“The demand for alternative investing options in the Netherlands is increasing and my clients see foreign exchange as the way to diversify,” said Tom Peetoom, CEO of Transparent Assets Group and premiere partner for Currensee in the Netherlands. “The Currensee Trade Leaders Investment Program provides investors and asset managers with the best of both worlds – the trust and transparency of a regulated company that has strict protections and safeguards in place along with the ability to take advantage of the growing world currency market without having to be a trader. For investors and financial institutions alike, the Currensee product changes the world of investing and brings investors from around the world together with top traders. I believe that Investors in the Netherlands see tremendous opportunity in this groundbreaking service.”
Currensee is regulated by the NFA in the US and the FSA in the UK and passported throughout Europe with AFM regulation in The Netherlands. Investors in the Currensee Trade Leaders Investment Program can take advantage of choosing from a wide selection of reliable brokers, many of which enable segregated accounts and all of which are regulated by organizations such as the AFM, FSA and/or NFA. Private investors and financial institutions take advantage of the uncorrelated performance of Currensee Trade Leaders, an elite network of foreign exchange traders who are recruited by Currensee through a rigorous due diligence process. Each Trade Leader must pass a series of reviews and tests before being allowed into the program and Currensee continues to perform assessments of each Trade Leader in the program to ensure appropriate returns, risk management practices, strategies and investing approaches.
By leveraging the Currensee advanced trade replication technology, an investor in New York automatically receives the trades of a Trade Leader based in China, resulting in a diversified portfolio of managers. All Trade Leaders trade in live accounts with real money and their performance, risk scores, strategies and other performance-related information are all provided in real time online. The program offers investors of all types the ability to leverage the $4T daily foreign exchange market without having to know how to trade and gives financial institutions a turn-key way to offer foreign exchange investment to their clients. For the six-month period ending October 31 2011, these Trade Leaders delivered returns of 28.2 percent, compared to the 8.1 percent that investors in the S&P 500 Index would have lost during the same period of time.
“Our launch in the Netherlands and partnership with Transparent Assets Group enables Dutch investors of all types to add the world currency markets to their investing portfolio through the Trade Leaders program,” said Dave Lemont CEO Currensee. “You no longer need to watch the charts and know how to trade the Asia session to take advantage of this dynamic market. Our company and the Trade Leaders Investment Program are built on trust and transparency, something every investor can benefit from by joining the program. We look forward to much success in the Netherlands with Tom and his team”
The program was successfully launched in the US and UK in October 2010 and in China in July 2011, and Currensee now aims to capitalize on growing interest in the Netherlands for foreign exchange investment. The Trade Leaders Investment Program, which was launched in October 2010, has now seen 13 billion traded through the service and assets under management have increased to over 20 million in just one year since launch.
Investors and financial institutions can get more information about the Currensee Netherlands offering by going to www.currensee.nl.
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About Currensee
Currensee is the leader in bringing the world currency markets to investors and financial institutions around the world as a viable alternative asset class. The Currensee Trade Leaders™ Investment Program delivers the diversified and uncorrelated performance of Currensee Trade Leaders, an elite network of emerging foreign exchange managers recruited by Currensee through a rigorous due diligence process. By leveraging the Currensee advanced trade replication technology, an investor in New York automatically receives the trades of a Trade Leader based in China, resulting in a diversified portfolio of managers. As compared to other investment programs, Currensee provides unprecedented transparency and real-time control of Trade Leader portfolio selection, asset allocation and risk management, all delivered via a unique online experience that fundamentally changes the world of investing. Currensee is funded by North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital. Currensee is registered with the Commodity Futures Trading Commission (CFTC) as an Introducing Broker (IB) and is a member of the National Futures Association (NFA) member number 0403251. Currensee is also authorized by the Financial Services Authority (FSA), firm reference number 518648, and registered in England and Wales, companies’ house number 07025997. For more information, visit Currensee at www.currensee.com. Find us on Facebook, follow us on Twitter, and watch us on YouTube.
Media contacts:
Edi Cohen, Citigate First Financial (on behalf of Currensee)
Edi.Cohen@citigateff.nl
+ 31 (0)20 575 4017
Suzanne Bakker, Citigate First Financial (on behalf of Currensee)
Suzanne.Bakker@citigateff.nl
+31 (0)20 575 4023