Company News

Alpari India Opens Office in SURAT

Wed, 22 Feb 2012 00:00:00 +0100

SURAT – 18th February 2012 - Alpari Financial Service (India) has announced the opening of it's new office in SURAT as a part of it's aggressive growth and expansion programme. Alpari India's new office is located in Union Trade Centre, Near Apple Hospital, Udhana Darwaja, Ring Road, which is considered as a financial and commercial hub of SURAT

Alpari's new office was inaugurated by Mr. Dinesh Navadiya, President of SDA (Surat Diamond Association). SDA is a non-profit organization, with a membership of more than 2000 members including DTC Sightholders to very small manufacturers engaged in activities of import of rough, trading in rough, cutting and polishing of diamonds, trading of polished diamonds, technology and service providers as well as people involved in brokerage and contract work in the Gem and Jewellery segment.

Said Mr. Dinesh Navadiya, President of SDA, “We are happy to see a global company making a local presence in SURAT. And, I believe it will be able to provide tremendous value to the business fraternity especially to the diamond businesses, who are constantly exposed to the risks of currency fluctuation. Recent fluctualtion in the Dollar Rupee Rates is one of the classic examples of how serious an impact currency fluctuations can make on our businesses. I am sure Alpari's global expertise will be of tremendous assistance to the traders of Surat.

Added, Mr. Pramit Brahmbhatt, CEO, Alpari India said, “Surat was always a strategically important market for Alpari Financial Services. Being known in the business fraternity as the Diamond Hub, city of Surat is full of entrepreneurs, SMEs, offices of large Corporates and Global Importers & Exporters. All of them in some or the other form do have a requirement of Hedging for their businesses. At Alpari India we have an expertise and understanding of the best in Currency markets, thereby offering most suitable advise to the businesses.”

Now, through it's own office in SURAT, Alpari India will be able to better assist their local Clients for hedging their Currency Risks through Currency Futures, which can be bought and sold on the Currency Exchanges through members of the Exchange. MCX-SX, NSE and USE all offer Currency Futures in India and Alpari India can facilitate this for the discerning customers apart from offering assistance to the Clients for trading USD INR options (permitted for trading in India) and through NSE and USE.

David Hodge joins Alpari (UK) as Chief Marketing Officer

Thu, 05 Jan 2012 00:00:00 +0100

Alpari (UK) has appointed David Hodge as Chief Marketing Officer. David joins the company from IG Group, where he was Group Marketing Director. In his new role, he will be responsible for overseeing the strategic direction and brand initiatives for the Alpari group of companies worldwide. Working closely with the Alpari Board of Directors to increase the brand profile, David will help ensure that the company achieves its vision to become the world’s premier broker.

David brings with him over 20 years of marketing experience. He started his career working in blue chip global businesses in marketing roles at Wilkinson Sword, Cadbury and Scottish Courage. He then moved on to start-up, low-cost airline bmibaby, where he was the Commercial Director running marketing, sales, ecommerce, revenue management and network planning, before joining IG Group in 2008. At IG, he introduced a new global advertising campaign, launched the company’s new website and engineered some of the most innovative marketing campaigns in the sector.

Daniel Skowronski, Chief Commercial Officer at Alpari (UK) and Chief Executive Officer of Alpari (US), says, “David is a well-recognised marketing professional who brings with him immense brand experience and enthusiasm. We are very pleased to have him on board at this important stage of our companies’ global growth story.”

David comments, “I am very excited about the Alpari companies’ global expansion plans. For Alpari to have grown so fast in this highly competitive market is a real achievement and I am looking forward to the challenge of assisting the business in the next stage of its growth.”

26th & 27th October 2011 Bank Holiday and Working Hours

Thu, 20 Oct 2011 00:00:00 +0200

Dear All,

Please be aware that Wednesday 26th & Thursday 27th October 2011 is a Bank Holiday in India for the occasion of Diwali. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Friday, 28th of October 2011.

Alpari (India)

6th October 2011 Bank Holiday and Working Hours

Tue, 04 Oct 2011 00:00:00 +0200

Dear All,

Please be aware that Thursday 06th October 2011 is a Bank Holiday in India for the occasion of Dussehra. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Friday, 07th of October 2011.

Alpari (India)

15th August 2011 Bank Holiday and Working Hours

Fri, 05 Aug 2011 00:00:00 +0200

Dear All,

Please be aware that Monday 15th August 2011 is a Bank Holiday in India for the occasion of India Independence Day. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Tuesday, 16th of August 2011.

Alpari (India)

Alpari India Educates Investors through Currency Camps in Ahmadabad on Saturday, 25th of June 2011

Wed, 22 Jun 2011 00:00:00 +0200

AHMEDABAD – 21st June 2011 – Continuing its practice to undertake regular initiatives of investor education and awareness, Alpari India now brings a Currency Camp to Ahmedabad. This Currency Camp in tie-up with ET NOW will be organised at Karnavati Club on Saturday, 25th June 2011 on Currency Trading Strategies, SMEs and Hedging etc. featuring eminent panellists from the industry, media and regulatory side.

Mr. Pramit Brahmbhatt, CEO, Alpari India said, “We at Alpari have always believed educating and empowering the customer with knowledge and information. A well informed investor is always better equipped to make an appropriate judgement. More importantly, the alternative asset classes like commodities and currencies are still unexplored by most of the investors and therefore, we decided to bring such platforms for investor community.”

The world of currencies often referred to as the FX market is the largest and most liquid market in the world. Most investors overlook the opportunities due to lack of knowledge about how to trade currencies and their benefits to diversification. However, since most major currencies can now be accessed through exchange-traded funds (ETFs), the world of FX trading is now open to everyone.

An eminent panel consisting of Mr. Sanjit Prasad, Director – MCX Stock Exchange, Mr. Moses Harding – Axis Bank, and representative from Ernst & Young, Ms. Manisha Gupta, Editor – Currencies & Commodities, ET Now along with Mr. Pramit Brahmbhatt, CEO, Alpari India will be addressing the questions like:

How should Corporates & SMEs assess and understand their hedging requirements?
What would be an appropriate time to hedge their currency risks? And what would be the appropriate strategies?
How do they evaluate the minute issues of an economy on their business?
How do Currencies react to Fundamental factors, News and other data releases?

ET NOW in partnership with Alpari (India) bring out an initiative that addresses both existing and potential forex investors by empowering them with the right tools in order to make a wiser decision. Interested persons to participate in the Currency camp may SMS ALP CC to 58888 or CALL on (0) 8108120431. The entry to the camp is strictly by registration & invitation and no direct walk ins will be admitted in the camp.

For any media information, please contact:

Monjit Gogoi, Alpari India – mediarelations@alpari.co.in

Alpari Forex (India) Pvt. Ltd. changes its name to Alpari Financial Services (India) Pvt. Ltd.

Wed, 15 Jun 2011 00:00:00 +0200

This is to inform you that the name of the company of Alpari Forex (India) Pvt. Ltd. has been changed to Alpari Financial Services (India) Pvt. Ltd. with effect from 10th of June 2011 to align the name of the company with the ambit of products & services offered by it in its entirety.

Alpari (India) the short alias for Alpari Financial Services (India) Pvt. Ltd. provides a range of financial products and services including trading in exchange traded currency derivatives through MCX SX, NSE and USE, Currency Options in USD INR through NSE and USE, research and advisory services on various currency pairs, specialised and focused advisory services for corporates, importers & exporters and small & medium enterprises (SMEs).

Considering the fact that Alpari offers a variety of financial services including specialised research, technical and fundamental analysis on forex, commodities, equities, Indices, futures and bonds etc., training & education through seminars and workshops, corporate advisory and related services among others, the new name Alpari Financial Services (India) Pvt. Ltd. provides a meaningful representation for Alpari (India).

Alpari (India) in Association with ET NOW Presents Currency Camp – Telecast Details

Tue, 10 May 2011 00:00:00 +0200

Alpari (India) in Association with ET NOW, a leading 24 Hours Business New Channel brings to you "Currency Camp" a workshop on Currency Derivatives – A new asset class with best hedging options for commodity traders, investors & borrowers.

The Camp was organised on 30th of April 2011 in New Delhi and was anchored by Manisha Gupta - Commodities Editor, along with a panel of market experts who would demystify and guide participants on how to leverage and benefit from currency markets.

The Indian currency derivative markets have shown steady growth since their launch 2 ½ years ago, with a major chunk of volume from forex exposure, retail investors and HNI's reflecting a daily turnover of approximately Rs. 40,000 crores. Investors in this space are showing immense growth since the platform is transparent and there are arbitrage opportunities between OTC (Over The Counter) & exchange traded markets, leading to low trade costs.

The currency camp is a platform that would highlight the factors that determine fluctuation in the domestic and global currency markets & also provide participants with information on who can trade and how, with the latest trading patterns and trading ideas. The benefits are for all who have exposure to currency derivatives and will also talk about the different regulations involved in the currency markets.

Watch the telecast of Currency Camp in ET NOW On

Saturday, 14th of May 2011 – Time – 16:30 P.M.
Repeat Telecast, 15th of May 2011 – Time – 17:00 P.M

To participate in the next Currency Camp Scheduled on 18th of June 2011 in Ahmedabad, please register here.

Alpari (India) Organises Currency Camp in Delhi with ET NOW

Mon, 09 May 2011 00:00:00 +0200

Continuing its practice to undertake regular initiatives of investor education and awareness, Alpari India in association with ET NOW, the leading Business Television Channel organised a Currency Camp on the 30th of April 2011, in New Delhi on Currency Trading Strategies, featuring eminent panellists from the industry, media and regulatory side.

Mr. Pramit Brahmbhatt, CEO, Alpari India said, "We at Alpari have always believed educating and empowering the customer with knowledge and information. A well informed investor is always better equipped to make an appropriate judgement. More importantly, the alternative asset classes like commodities and currencies are still unexplored by most of the investors and therefore, we decided to bring such platforms for investor community."

The world of currencies often referred to as the FX market is the largest and most liquid market in the world. Most investors overlook the opportunities due to lack of knowledge about how to trade currencies and their benefits to diversification. However, since most major currencies can now be accessed through exchange-traded funds (ETFs), the world of FX trading is now open to everyone.

The camp was hosted by Ms Manish Gupta – Editor – Commodities & Currency ET NOW. An eminent panel consisting of Mr. Pramit Brahmbhatt – CEO Alpari (India), Mr. Navpreet Singh - Assistant General Manager, Derivatives and New Product Department, SEBI & Mr. Jagannathan from SMC Global Capital, spoke at length about the various aspects of Currency trading and helped traders and

The regulatory aspect of Currency Trading.
Global Currency Market and its potential in India.
Factors affecting Currency Market.
How SME and Corporate should Hedge in the Currency Market.
How will Rupee fair in the short term and
How do Currencies react to Fundamental factors, News and other data releases

The camp was attended by around 200 traders, investors, CFO's, Treasury Heads, SME and other corporate. Alpari (India) is in agreement with ET NOW to organize more Currency Camps across India in the next one year.

22nd April 2011 Bank Holiday and Working Hours

Tue, 19 Apr 2011 00:00:00 +0200

Dear All,

Please be aware that Friday 22nd April 2011 is a Bank Holiday in India for the occasion of Good Friday. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Monday, 25th of April 2011.

Alpari (India)

Alpari (UK) sets up new brokerage in Japan

Wed, 13 Apr 2011 00:00:00 +0200

Alpari (UK) has acquired CMS Japan K.K.; renamed Alpari (Japan). The new office will be an independent entity providing trading services in Forex, CFDs and precious metals.

Andrey Vedikhin, CEO of Alpari (UK), comments, “We are very excited about having a local Alpari team in Japan. Forex is much more widely understood there than in most other places around the world, with people from all different backgrounds trading currencies on a regular basis. It’s a competitive arena for brokers but as one of the leading MetaTrader specialists and with our successful global business model we have something unique to offer to our clients in Japan. The Alpari (Japan) team is confident that it will soon become the leading MetaTrader broker in the country.”

Combined, Alpari (UK) and the new Alpari team in Japan will hit the ground running, as each has extensive experience in the Japanese Forex market. Until December 2010, Alpari (UK) provided a full suite of trading services to Japanese residents. As one of the leading MetaTrader brokers the Alpari companies are ideally positioned to capitalise on the enormous interest Japanese traders have in this highly advanced trading platform.

Mushegh Tovmasyan, Global Head of Sales at Alpari (UK), adds, “Alpari (Japan) is another milestone in the rapid global expansion of the group of Alpari companies in Asia and globally.”

12th April 2011 Bank Holiday and Working Hours

Mon, 11 Apr 2011 00:00:00 +0200

Dear All,

Please be aware that Tuesday 12th April 2011 is a Bank Holiday in India for the occasion of Ram Navami . All the departments at Alpari (India) will be operate normally :

Dealing Desk:	Available
Client Services:	Available
IT:	Available
Back Office:	Available
Sales:	Available
IB Services:	Available
Compliance:	Available

14th April 2011 Bank Holiday and Working Hours

Mon, 11 Apr 2011 00:00:00 +0200

Dear All,

Please be aware that Thrusday 14th April 2011 is a Bank Holiday in India for the occasion of Dr. Bhimrao Ambedkar's Birthday . All the departments at Alpari (India) will be operate normally :

Dealing Desk:	Available
Client Services:	Available
IT:	Available
Back Office:	Available
Sales:	Available
IB Services:	Available
Compliance:	Available

4th April 2011 Bank Holiday and Working Hours

Thu, 31 Mar 2011 00:00:00 +0200

Dear All,

Please be aware that Monday 4th April 2011 is a Bank Holiday in India for the occasion of Gudhi Padwa. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Tuesday, 5th of april 2011.

Alpari (India)

26th January 2011 Bank Holiday and Working Hours

Mon, 24 Jan 2011 00:00:00 +0100

Dear All,

Please be aware that Wednesday 26th January 2011 is a Bank Holiday in India for the occasion of Republic Day. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	Unavailable
IT:	Unavailable
Back Office:	Unavailable
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Thursday, 27th of January 2011.

Alpari (India)

SME / Corporate Advisory Desk at Gujarat Manufacturing & Technology Show

Fri, 07 Jan 2011 00:00:00 +0100

We are delighted to invite our clients, business associates, investors, traders and business community to the exciting Vibrant Gujarat 2011 – Gujarat Manufacturing & Technology Show at:

Gujarat Manufacturing & Technology Show (GMTOS)
Mahatma Mandir,
Gandhinagar, Gujarat

Date: 10th – 13th of January 2011
Time: 10:30 am and 6:00 pm.

This year we are the co- sponsors of GMTOS
Visit us at stall 9A to meet and greet our friendly sales & SME / Corporate advisory team.

Alpari India associates itself with the Gujarat Government for ‘VIBRANT GUJARAT’ Summit

Thu, 30 Dec 2010 00:00:00 +0100

Vibrant Gujarat is a biennial Summit held by the Government of Gujarat in Gujarat, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers and serves as a perfect platform to understand and explore business opportunities in the State of Gujarat. Scheduled on January 2011 at Mahatma Mandir, in the State capital, Gandhinagar, the 5th 'Vibrant Gujarat' Summit promises to be the biggest and best yet.

Commenting on Alpari India's, part of Alpari (UK), a leading global provider of online foreign exchange ("FOREX", "FX") trading services, association with the 'Vibrant Gujrat' Summit as one of the co-sponsors of the gala event, Mr. Pramit Brahmbhatt, CEO, Alpari India said, "Vibrant Gujrat is one of the biggest events of India. The kind of planning that Gujrat government does for the event and the kind of mass-appeal that it has is remarkable in itself. It's just ideal for exploring opportunities in India and across the world and build strong relationship with the industrial and corporate sector."

"Due to our strong commitment towards education, we have done extensive education and training programs in Gujrat over the past few months, to help the trading and investing community to understand the currency market in a better way. To take this initiative further we are planning to set up an investor assistance desk during the exhibition to assist the investors, wherein consumers could get more information on the FX markets. We would also be having our team of experts to further aid them with the required information. We are extremely optimistic and looking forward to it." added Mr. Brahmbhatt.

Having set up its head office in India on the 10th of June 2009 in Mumbai, Ahmedabad became the very first city to have Alpari office in the scheme of company's geographical expansion in India. "Gujarat is a market of around two million investors and traders and is also the hub of many SME and other export oriented industries like pharma, ship building, gold & diamond, etc which has a huge currency exposure. We would like to bring our international experience and expertise to service this sector and help them mitigate their losses. Moreover, the Gujrati community has always been a frontrunner when it comes to explore and adopt investment in new and alternative asset classes. It is a fast growing market. With a population share of about 5% of India and such a high growth rate in per capita income, it presents a big opportunity for any sector. This apart, the community has in-depth understanding of financial markets."

About the Alpari Group:

Having obtained a membership of National Stock Exchange (NSE), the MCX Stock Exchange (MCX-SX) and the United Stock Exchange (USE) to offer currency derivatives trading to Indian clients, Alpari Forex (India) Pvt. Ltd. was established in 2008 and started operations in 2009. It is a part of Alpari (UK) Limited, which is authorized and regulated by the Financial Services Authority (FSA). Clients are covered by the Financial Services Compensation Scheme (FSCS) subject to their status and the nature of their claim.

Alpari Group is one of the world's fastest growing financial services company, with 31 offices in 11 countries, including Mumbai, London, New York, Shanghai, Dubai, Moscow and Frankfurt, serving more than 150 countries. With over 330 employees worldwide and more than 340,000 live accounts as of April 2010, the Alpari Group is one of the market leaders in Forex.

For any further information, please contact:

Monjit Gogoi, Alpari India
Tel: (022) 61563000
Email: mgogoi@alpari.co.in

10th September 2010 Bank Holiday and Working Hours

Fri, 03 Sep 2010 00:00:00 +0200

Dear All,

Please be aware that Friday 10th of September 2010 is a Bank Holiday in India for the occasion of Eid al-Fitr. Consequently, several departments at Alpari (India) will be affected:

Dealing Desk:	Unavailable
Client Services:	NA
IT:	NA
Back Office:	NA
Sales:	Unavailable
IB Services:	Unavailable
Compliance:	Unavailable

Normal working conditions will resume on Monday, 13th of September 2010.

Alpari (India)

Get up to 20.10%* credit bonus on deposits, with our great September promotion

Fri, 27 Aug 2010 00:00:00 +0200

We’re giving all our Micro and Classic account holders another chance to benefit from our popular promotion of up to 20.10% credit bonus* when trading Forex with Alpari (UK).

Between 28th August and 1st October, you can get up to 20.10% credit bonus* on deposits made into Micro and Classic Forex accounts.

Your benefits when trading with Alpari (UK)

Trade global currencies
Maximum trading power (1:500)
Tight spreads and Non Dealing Desk execution**
Free educational material
Start trading from only $200

Alpari UK is a leading provider of online FX & CFD trading services worldwide.

*Restrictions apply. Please see the Terms and conditions
**Depending on account type.

Alpari India launches Exchange-Traded Currency Derivatives

Mon, 28 Jun 2010 00:00:00 +0200

Following our successful license acquisition from SEBI (Securities & Exchange Board of India), Alpari India is pleased to announce that it is offering Currency Derivatives trading through the three main exchanges: NSE, MCX-SX and USE.

Now, Alpari India clients can trade in USD/INR, GBP/INR, EUR/INR and JPY/INR currency pairs directly on the exchanges’ platforms and benefit from low commissions and low margins in this transparent market.

The launch of this new product was announced to over 50 journalists from the leading regional, national and financial press and TV media at a prestigious event on June 10th, hosted by Alpari India on the first anniversary of its office opening in Mumbai.

With the launch of Exchange-Traded Currency Derivatives in India, we are reinforcing our commitment to our clients and to the long-term growth of the Indian financial market.

As part of Alpari (UK), Alpari India intends to continue to play a significant role in the development of the local currency markets using the company’s global expertise to provide low cost trading, comprehensive market research tools, trader-friendly educational programmes and excellent customer service.

Experience Currency Derivatives trading now!