Navitas Resources

http://www.risk.net/energy-risk/news/1591071/navitas-launch-bunker-marine-fuels-trading-platform

Navitas Resources has signed up as an early market participant (EMP) of the WDX Organisation  World Currency Unit (WOCU).  www.wocu.com

Navitas is working with WDX to offer WOCU denominated trading on its NR-X Procurement platform in the near future.

For more information contact us at info@navitasresources.com

NR-X Platform to Go-Live in Q2 2010 an official press release will be sent out soon.

The purpose of this partnership is to utilize AFS’s ability and expertise in derivatives broking and its Regulatory Umbrella from the Financial Services Authority of the United Kingdom. This will further enhance the NR-X platform, enabling the potential for fully integrated hedging and derivatives trading and broking capabilities. Furthermore, AFS’s strategic locations in Lon don and Amsterdam offers ideal coverage for the key European commodity hubs, broadening the expansion potential of the NR-X platform (www.nr-x.com)

Francesca Zerenghi, Joint Chief Executive of Navitas Resources, said: "We are very excited to announce this strategic partnership with AFS London Ltd. They share our vision to create a commodity trading and procurement platform that will gradually launch a very unique set of services for the Physical and FInancial commodity markets. Our combined set of skill-sets, office locations, and  resources, improve our ability to deliver this to an international client base."

 

ABOUT AFS:
AFS Group is one of the larger independent securities brokers for professional counterparts in Europe, located in Amsterdam and London. AFS Brokers is part of the AFS Group. Within the group, this division is responsible for all equity (related) products and services for professional clients. It acts as a pan-European broker in equity, convertibles, derivatives, exotics and futures at global stock exchanges.

For enquiries please contact:
Fred Eates  fred@afslondon.com
Rutger Jakobsen rutger@afslondon.com
Office: +44 207 173 4820
www.afsbrokers.nl
 

The physical procurement platform launched for Marine Fuels at the BunkerFuel Conference in Singapore.