Trading in Dubai

I'm in Dubai at the mo, grosvenor house hotel club lounge...bar 44 seems popular and so does parking swanky cars outside... a Merc 722 just nudged in between 2 Lambos.. this place is insane ..like disney land for oldies... so where is the PTG group based...culd live here easy...

 

You could probably live there pretty easily now.It appears property prices are catching up with the rest of the world and collapsing,the asking price for some homes has dropped by as much as 19% in October from THE PREVIOUS MONTH!!!

The full article from The Wall Street Journal:

http://online.wsj.com/article/SB122649558637520553.html

 

Marex clear the Dubaiptg office. traders went to Dubai to flee the UK tax and cold weather. Check out the new video on http://www.dubaiptg.com/dubaiptg_video.asp

Yes that is me head planting at the end

 

Woh that a nice place to trade in a country like dubai

 

HPT,


Did you ever track them down and find out more about what theyre offering?

 

Hey Dogfish,
Do you have info on the transaction costs for trading at the Dubai PTG office. From this thread it looks like the desk fee is $2500/mo, yes? Anything on the commissions?

 

Ask the firm themselves, they don't bite. I know they are backing people now too...

 

If you are researching DPTG here check this out

http://www.trade2win.com/boards/t2w-meetups-socials/59908-interested-trading-dubai-6.html

Makin em selves look really bad!

 

I hope you trading from here.

 

adadadog

Steer clear of DPTG but there are a few of us here in the UAE.

Someone told me there was a Eurex hub here at one time but they pulled it because not enough volume. dunno if thats right or not

For the tax thing there is bit of blurb about that on the T2W link above from me, its not as simple as a 40% rise, it depends on the way you set yourself up in Dubai.

Speed can be had though, depending on where you live or set up here. very expensive feeds though!