This enables Velocity Trade to see how its visitors use the website. Third parties may place (tracking) cookies to track internet behaviour. Velocity Trade uses both functional and analytical cookies to ensure an optimum user experience. This Cookie Statement applies to the following domain .Ĭookies are small pieces of information that are stored on your computer. Senior Research Analyst, Global Metals & MiningĮ website of VTC Europe B.V (Velocity Trade) uses cookies and similar technologies on its website. Managing Director, Global Capital Markets and Velocity Trade Limited are participating members of the TMX and ASX respectively.įor more information please contact: Simon Grayson The firm and its subsidiaries are regulated internationally, namely, 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 has offices in Toronto, Montreal, London, Sydney, Auckland and Cape Town. “Mike skills will round out the groups growing capabilities in the space,” said Simon Grayson, CEO of Velocity Trade, “which now include physical gold trading, futures, ETF creation, global cash equity access and corporate finance.” About Velocity TradeĮstablished 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. Michael’s core coverage will remain the top 10 producers (Barrick, Newmont, Anglo, etc…) to ensure we maintain his global reach and distribution relationships but will also focus on a select number (5-10) of corporates with high quality management teams with high growth projects at the right stage of development in good jurisdictions. Michael was with Macquarie for the last 13 years as their global mining analyst with primary coverage of the senior golds for the last 5+ years. The issue remains subject to a police investigation.įSA and the City of London Fraud Squad declined to comment.We are very excited about adding Michael Siperco to the VTC team. Once the issue had been identified, she said, Schroders immediately alerted investors that the firm had no connection with this fund. This time, the fictitious fund was called the "guaranteed bullion and commodities fund". It serves as a reminder that people have got to be vigilant, they need to check who they're really talking to."Ī spokeswoman for Schroders said an attempt had been made to borrow its identify at the end of last year. The spokesman said: "This is an attempt at brand burglary. Henderson has posted an announcement on its home page warning investors. Unwary individuals who opened these emails or clicked onto the website would find details of a "guaranteed precious metals fund" - which does not relate to any of Aberdeen's products.Ī spokesman for Aberdeen Asset Management, which noticed the problem six months ago, said: "We have made the Financial Services Authority and the police aware of this, and following our efforts that website no longer exists."Ī spokesman for Henderson said his firm had become aware of the issue in January. The criminals set up a website and email addresses using which is similar to Aberdeen's. ![]() Aberdeen has been moved to paste an announcement on its home page, warning investors that "someone has been attempting to use the Aberdeen name, along with details of some of our staff, to seek to perpetrate an internet fraud".
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