Speedy Internet: Mobile broadband to help trading
The launch of 3G and 4G services in Pakistan will see a vast increase in online forex
KARACHI:
The launch of 3G and 4G services in Pakistan will see a vast increase in online forex and commodities trading as traders will have faster internet connection allowing them easier access to market news and trends. ACM Gold and Forex Trading CEO Irfan Pardesi said that despite many people now using mobiles and advanced services for their financial needs, there still lies a need for apps related to forex and trading. He said trading has significantly increased in Pakistan after more traders have become aware of commodity instrument and the ability to hedge their real assets through the use of futures contracts for long term investments. “We are extremely pleased that traders will now have the opportunity to trade more easily and faster, and we are ready to assist all our clients with their online trading needs,” said Pardesi.
Published in The Express Tribune, December 13th, 2014.
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