Check whenever you want
Download App for complete information
Easy to check supervision
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Brisbane Street, Brisbane, Queensland, Australia
Reason for this visit
Australia boasts a profound trading culture and a world-recognized regulatory environment. And currency markets are very popular there. Australia's top currency brokers reportedly have more daily trading volume than cash trades in Australian stocks. There are three trading sessions - Asia Pacific, Europe, and the United States. Located in the Asia Pacific region, Australia is the first country to start trading forex and commodities during the day. While the trading volume is relatively small at the beginning due to the time difference, the addition of Japanese traders after a few hours can make the trading volume larger. Australia is home to abundant natural resources like oil and coal, base and precious metals as well as grains. The physical trading of these products in global markets has helped a robust derivatives market, with active participation by both retail and institutional investors. Many exploration and production companies are publicly traded on the securities market, making Australian equities highly liquid and risky. In addition, many commodities are priced in USD, EUR and JPY, which contributes to a highly liquid currency trading environment. The physical delivery nature of Australia's thriving export market supports both forex spot and forward markets. Demand for resources may provide a potential exchange rate basis for its currency. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in Australia, WikiFX survey team decides to go to the country for on-site visits to local companies.
On-site visit
In this issue, the survey team went to Australia to visit broker Channel Capital as planned according to its regulatory address that Waterfront Place 25, 1 Eagle Street, Brisbane, QLD, 4000.
The investigators came to Waterfront Place 25 in Brisbane, Australia for a visit to the broker‘s office on July 5, 2024, and located a modern commercial building in the city’s central business district. As a key business activity center, the CBD is home to a wide range of renowned enterprises, financial institutions, and business organizations. In the meantime, the bustling street is lined with a large array of entertainment facilities like restaurants, shopping malls, and more.
Upon arrival at the building for further investigation, the survey personnel spotted easily a directory in the lobby, which prominently displayed that Channel Capital was situated on the 19th floor.
After proceeding to the 19th floor via the elevator, the inspection team discovered clearly the company name and logo of Channel Capital. The company boasts an independent office with an immaculate working environment. However, people were not permitted to enter without an appointment. Therefore, it was impossible to obtain the information about the office in terms of the operational scale and staff size.
Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.
Conclusion
The survey team went to Australia to visit broker Channel Capital as scheduled, and found the companys name at its regulatory address. This denotes that it has a physical business office at the place. Meanwhile, investors are advised to make an informed decision following much deliberation.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
Website:https://www.channelcapital.com.au/
Website:https://www.channelcapital.com.au/
Check whenever you want
Download App for complete information
Easy to check supervision