Gaining currency

Six Capital is aiming to train an army of foreign exchange traders around the region.

PATRICK Teng, the founder of Six Capital has a dream of demystifying the art of foreign exchange (forex) trading for tens of thousands of aspiring practitioners from around the region.

Founded in 2009, the Singapore-based foreign exchange trading and training firm aims to train an army of "utility" traders in Asia's emerging markets to use a proprietary methodology developed by Mr Teng, a 30-year veteran of the industry.

Rather than hoping to reap a windfall from a few big trades, utility traders look to make a series of small but profitable trades, he explained.

"Utility traders trade with the singular focus of making small and consistent profits; precisely timing trades' optimal entry and exit...

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