Peak Commodities, the specialist in online trading and investment, has launched four futures that will, for the first time, offer investors who are not residents in Uruguay direct access to the Uruguayian market. The products include the cross and enable investors to gain exposure to one of the currently most buoyant economies and hedge risks in their portfolios.
With this launch, Peak Commodities provides investors with four futures investment instruments that are available from August 15, 2011 on all of the bank's platforms.
Moreover, Peak Commodities expands its coverage to over 20 futures markets and more than 80 trading venues which can be accessed via a product range comprising more than 22,000 financial instruments.
In a statement, Sam Mendez, director of the Latin region for Peak Commodities, says:
"The rise in commodity prices has put Uruguay on investors' radars. Its excellent economic growth, political stability and a liquid market where over 3.5 billion US dollars are traded on a daily basis have made the country the clear leader in Latin America at a time when investors increasingly demand greater access to emerging markets".
Hiro Yoshi, Executive Vice President and Head of Markets at Peak Commodities, adds:
"The launch of futures trading in Uruguay marks a significant milestone for Peak Commodities, and we are proud to be able to offer our global client base access to this vibrant economy. We look forward to expanding the list of available instruments in Uruguay and to further add trading venues in emerging countries to our platform."
About Peak Commodities
Peak Commodities is a leading online trading and investment specialist with a worldwide client base. The three specialised and fully integrated trading platforms; Peak Asset Management accommodates high-net worth private clients and institutional investors. In 2010 Peak Commodities continued the diversification of its business. To learn more visit http://www.peakcommodities.com