A dealing room in Morocco

Hi All,

I am trading for my own (spreadbetting) since I left the bank industry four months ago. I am thinking of setting up a dealing room in Morocco and enjoy the weather and the country there i/o staying in the gloomy london.

Project:
1- To have a fully equipped and professionnal dealing room (large desks with PCs, screens, telephone, internet, IT support, bloom/reuters if required, TV with news, kitchenette...)
2- Propose to local banks and clients analysis/training on different markets (FX, commodities...) and instruments (derivatives...). The market is huge for these services as all local clients rely on brokers and IBs information.
Advantages:
1- 1400£/month is more than enough to have a 100 to 120 m2 flat, a lease of a new car, top food and all expenses in Casablanca.
2- The lease of a trading desk will cost much less than 1000£/month compared to 3000£/month in london for the same quality standard.
3- Daily flights to all european capitals (Casablanca - London in 3hours)
4- Best life quality (weather, food, beach, nature...)
Requirements:
To begin, I would need at least 10 permanent members/partners for the project. We can then think of extensions and other services.

If you are interested in this project, please let me know. Here is my personnal email:
t2w.morocco@googlemail.com

Thanks

£3000 a month for a trading desk in London? Where have you been trading, Buckingham Palace?

I think that's a cool idea. Somewhere chilled out, on the Med, and with a nice lax taxation regime would do me nicely; all you'd need to do is take along your big wad of cash and a proven trading strategy. Actually, Casablanca is not on the Med, and come to think of it, I don't think it's that chilled out either is it? How about Malta? Or Turkey?

Why Casablanca? It's a Dump!

I am from Morocco and Casablanca was just an example. We can think of a city in the mediteranean coast like Tangier for example. And why Morocco? because many multinationals and funds (mainly from GCC) are now set up in morocco and need capital markets advice from professionnals and you can bill whatever you want. I met last week with two GCC funds with average $700 millions capital that want to invest in commodities/FX and need professionnals

I have all that in a 100sq metre two double bed, two bathroom, air conditioned luxury apartment with a 50ft balcony overlooking the sea in Malta. Rental is £300 a month and they all speak English and, while it may not be as exotic as Morocco, it's a damn sight more practical.

There are 10,000 vacant rental properties here.

300 GBP a month? That's pretty good, have any links?

My personal website Malta - Home of John Campbell and for rental properties www.dhalialetting.com