Important Information
Dear Customer
Firstly I would like to start by informing you that you will be able to trade early next week and thank you personally for your patience. We understand and acknowledge the importance of managing your finances and we are writing to you as the new owners of Trader Dealer, to provide you with an important update.
The Past
By now I am sure you have read about Opus Prime in the media, and the issues this caused Trader Dealer over the last week. Unfortunately, Trader Dealer was unable to continue it’s trading service only due to it’s license structure , relationship with and ownership by Opes Prime. Cash based Clients and Leveraged Equities Client’s positions in cash and stock held through the original arrangements will not be affected in any way by this event.
No communication to you was possible until today however, a clear direction for the business has now been determined.
The Present
We are happy to announce that today we hit a critical milestone with connectivity to key suppliers so this means we are not far away from trading again. As other important milestones are hit, we will let you know as soon as possible. Regularly check for more announcements on our website and check for emails from us.
The Future
The publicly listed MDS Financial Group together with Box Red Pty Ltd, a privately held corporate advisory business, have formed a joint venture to acquire and operate the Trader Dealer business.
I have included details regarding both of these businesses below.
We are able to re-commence the high quality service that you have come to expect from Trader Dealer with many of the previous team which will allow us to re-open the doors early next week for you to trade.
We understand your desire to know what is going on and fully respect this. Many people have asked us many questions and we are getting back to them as promptly as we can.
Again, thank you for your understanding during this difficult time. We look forward to working with you in the same way as we have in the past.
We will continue to correspond with you via email over the coming weeks and you can check for regular updates on www.traderdealer.com.au and please forward any enquires to enquiries@traderdealer.com.au.
About MDS Financial Group
MDS financial Group Limited provides financial advice and technology solutions to investors, traders, financial services and corporations. Our mission is to make it easier for our customers to achieve their financial goals.
Retail investors and traders come to the company for quality services that enable them to choose their level of participation in the markets. We offer services ranging from DIY analysis technology through to private client advice and financial planning.
Financial services providers come to the Company for technology solutions that have been developed by experts in the industry - helping to ensure that they can meet the expectations of their customers.
www.mdsfinancial.com.au
About Box Red Pty Ltd
Box Red is a Noosa based boutique corporate advisory firm. Since 1985 Box Red's principals have completed a wide range of transactions for both clients and associated investment portfolios. Box Red provides advice and solutions from start up ventures to complex public company listings and their subsidiaries.
In addition to Box Red's corporate experience they are also a private investment company which over the last 18 months has invested in a number of IT based companies that are at varying levels of their business cycle.
www.box-red.com.au
Kind Regards,
David Wylie.
CEO Online Trading
www.traderdealer.com.au
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