Velocity Trade Appoints Senior Quantitative Analyst Joseph Farrell and His Team

TORONTO, Dec. 2, 2016 /CNW/ - Velocity Trade (the "firm") formally announces that it has appointed Mr. Joseph Farrell as Head of Quantitative Research. Joe is accompanied by senior analyst Tony Popowich. "Joe's objective approach to research as well as his team's excellent reputation and track record made his team a natural fit for our firm and institutional client objectives" said Simon Grayson, Velocity Trade Group CEO. "We look forward to combining our disciplined unemotional methodology with the best execution practices of Velocity Trade" stated Mr. Farrell.

About Velocity Trade

Established in 2007, Velocity Trade is a global equity, foreign exchange and precious metals broker dealer and serves as a trusted trading partner to corporations and institutions around the globe. Velocity Trade has offices in Toronto, Montreal, London, Sydney, Auckland and Cape Town. The firm and its subsidiaries are regulated internationally by the UK's Financial Conduct Authority (FCA); Investment Industry Regulatory Organization of Canada (IIROC); Australian Securities and Investment Commission (ASIC), and South Africa's Financial Services Board (FSB), among others. Velocity Trade Capital and Velocity Trade Limited are participating members of the TMX and ASX respectively.

SOURCE Velocity Trade

Simon Grayson, Chief Executive Officer, Velocity Trade, T 416-855-2800, E [email protected]; Joseph Farrell, Head of Quantitative Research, Velocity Trade Capital, T 416-323-2149, E [email protected]; Website velocitytrade.com