ODL Securities expands into foreign exchange

ODL Securities Limited, the derivatives and equity trading house, has announced a cash injection and strategy to grow its current business by developing new markets and strengthening its product range. The Company has enhanced the current management team with the appointment to the executive Board of Graham Wellesley and Lorenzo Naldini, both former directors and co-founders of IFX Group plc.The founder of ODL, John Paul Thwaytes, said: "Utilising our real-time, myBroker.com proprietary software, our strategy is to continue to take a leading position in the marketplace. ODL Securities will build on its prominent position among professional traders and high-net-worth individuals, while myBroker.com will continue its aggressive growth in retail markets. A new foreign exchange service is due to be launched in the next three months and we will offer financial spread betting later in the summer."...continued

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