Global brokerage house, ADMISI, expands its reach through ADMISI Commodities in Western India

ADMISI Commodities Private Limited (ADMISI India), a subsidiary of ADM Investor Services International Limited (UK) and a full service brokerage company expands its horizon in western region by opening up a new branch in Ahmedabad, one of the fast developing financial hubs of the country. The branch will cater to trading and hedging requirement of clients for commodities segment on Indian exchanges. ADMISI India has membership on MCX, NCDEX, ACE and NSPOT for Indian markets. Its parent company ADMISI UK also has direct membership of various global exchanges including CME, LME, ICE, CBOT, LIFFE, LSE and others.

Commenting on this development, Mr. Suresh Nair, Executive Director, ADMISI Commodities said, "Entire western region including Ahmedabad is a hub for financial services. The financial sector in Gujarat is growing rapidly and there is a huge investor/trader/manufacturer base in the state of Gujarat. Hence, setting up a branch was the first logical step of our expansion strategy to tap the vast business resources in this particular region."

"The opening of new branch is a planned effort of our long term vision to target potential corporates, SME's, manufacturers, exporters and other investors as envisaged in our business model," Suresh Nair added.

Ahmedabad is the first branch of ADMISI India in the country after its HO in Mumbai. The company soon plans to open new branches in Southern and other parts of India as a part of its PAN India operations. The branch will offer unparalleled customer service and professional trading operations along with helping the clients in effectively managing their commodities price risk by providing hedging and trading solution on domestic exchanges.

Source : Equity Bulls

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