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Globex Opens New Office in Sydney, Australia

Globex Foreign Exchange Corporation Opens New Office in Sydney, Australia

EDMONTON, Nov. 20 /CNW-AsiaNet/ --

Globex Foreign Exchange Corporation is proud to announce the November opening of its new branch office in Sydney, Australia. The Edmonton-based corporation is one of the world's largest foreign exchange companies with 20 locations across Canada as well as offices in London, England and Auckland, New Zealand. The Sydney location is the company's 23rd branch office, which is slated to anchor the Globex operations in the Australasian market. Sydney will provide Globex the opportunity to compete in a critical space within the world's foreign exchange industry.

Co-President, Clive Oshry - "We are very excited to have reached another major milestone in working towards our company's vision. Australia's foreign exchange industry has been on an amazing growth curve and Globex is poised to provide businesses with an excellent alternative for their foreign currency exchange needs."

Co-President, Michael Oshry - "We have assembled a fantastic team that will deliver superior service and unbeatable rates. Keeping our clients apprised of changing market conditions while saving them money are the pillars of our success."

The manager of the Sydney branch, Blaine Fabi, has been with the company for five years. Formerly the branch manager of the Toronto office in Canada, Mr. Fabi is accustomed to the fast-paced environment of a nations business hub. This experience makes Mr. Fabi a natural fit in Sydney to maximize value for all Globex clients.

Globex was founded in 1998 by brothers Michael and Clive Oshry and quickly became Canada's premier foreign exchange provider. Over the past nine years, Globex has enjoyed outstanding growth and now trades in excess of 5 billion dollars' worth of transactions annually. A leader in foreign currency exchange, Globex has distinguished itself by offering the most competitive exchange rates in the industry and unparalleled levels of customer service.

The Oshry spirit and drive has resulted in a win of the Ernst & Young Entrepreneur of the year Award for 2007. Demonstrating a consistently high commitment to its valued clientele, Globex has proven itself to be a collaborative, employee-centered company. As a result, Globex was recently presented with the 2007 "Best Workplaces in Canada" award. Globex looks forward to bringing that award winning attitude to Sydney.

Globex's new branch office is located at Suite 1201, Level 12, 2 Bligh Street, Sydney, Australia, NSW 2000.

SOURCE: Globex Foreign Exchange Corporation

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