Morris Commodities Acquires FSD Group

Added: (Wed Nov 11 2009)

Pressbox (Press Release) - Morris Commodities a financial services holding company, has acquired introducing forex agent FSD Group will be integrated into Morris Commodities. Terms of the deal were not disclosed.

Morris Commodities, a financial services holding company, has acquired introducing forex agent (IA), FSD Group. FSD Group will be integrated into Morris Commodities. Terms of the deal were not disclosed.

Morris Commodities believes that the acquisition provides synergies that will clear the way to increased growth within Morris Commodities. “The FSD Group staff is a dedicated group of professionals in the Forex market place. Their innovative approach to educating customers has played a key role in the expansion of our client base. Their understanding of the retail trading space will further enhance Morris Commodities’ dramatic Forex growth as well as new product offerings,” said George Barnhill, President of Morris Commodities.

The acquisition includes certain technologies as well as a trading platform that FSD Group has created to work with the Morris Commodities execution engine for forex traders. “Once we started rolling out the product, it became apparent that we could get more accomplished for the client by working with Morris Commodities directly. The acquisition comes with a high degree of technology sharing which will become immediately apparent to FX clients. Clients will be offered a highly specialized web-based FX platform that will grow with client needs,” adds Jon Wong, President of FSD Group.

“We are pleased to welcome the skilled group of professionals of FSD Group to the Morris Commodities family. Their financial success and strategies complement the Morris Commodities business model,” said George Barnhill, President of Morris Commodities.
About FSD Group

FSD Group was founded in 2002 as an introducing forex agent of MBTF. Over time, FSD Group separated itself from MBTF by offering education and enhanced customer support for customers. FSD Group also has strong connections with institutional traders.

About Morris Commodities
We are a commodity trading company located at Hong Kong. We offer our clients exclusive trading recommendations from our chairman who has over a decade of commodities trading experience. We also offer discount, online trading, broker assisted trading, full service brokerage accounts, managed accounts and even forex. Full-service includes one on one discussion with a licensed broker as we try to assist you in developing a trading strategy for any market. Our goal is a clients’ full satisfaction by focusing on our clients’ needs and adding value to the relationship.
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