Gain Capital Expands In Asia With New Office In Hong Kong
Published: 03-Feb-2010
Gain Capital Holdings, a provider of online trading services, has opened an office in Hong Kong, further extending its presence in the Asia-Pacific region alongside offices in Tokyo and Seoul. The company received regulatory approval from the Hong Kong Securities and Futures Commission (SFC) in 2009.
The new office, located in the central business district, will be managed by Brian Tsui. He was formerly the head of retail FX at MF Global Hong Kong.
Gain Capital has also signed a white label agreement with Polaris Securities (Hong Kong), a wholly owned subsidiary of Polaris Securities, a Taiwan-based provider of online trading and financial innovation. The new partnership with Gain enables Polaris (HK) to expand its leveraged foreign exchange business.
Glenn Stevens, CEO of Gain Capital, said: "Hong Kong is a key global financial center in Asia with a robust regulatory framework. Our Hong Kong office will act as a regional business development hub and help us reach and address the needs of our clients and partners locally."
James Hsu, managing director of foreign exchange division at Polaris (HK), said: "By partnering with Gain Capital, we were able to come to market much faster with an offering that speaks to the particular needs of our sophisticated clients, who demand best of breed online trading tools. Gain brought to the partnership a fully localized Chinese trading platform, technical resources and a local support team that enabled us to quickly customize and deploy the Polaris (HK) offering according to our specific business and regulatory requirements."
Gain Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC) in the US, the Financial Services Authority (FSA) in the UK, the Financial Services Authority (FSA) in Japan and the Securities and Futures Commission (SFC) in Hong Kong.
Network Sites

Suppliers To This Sector
Browse A-Z
White Papers
Browse A-Z
Use of Voice Biometrics in Smart Card Applications
Many organisations have implemented or are looking into smart card solutions. The objectiv ...
Tower Group Report: Global Exchange Consolidation
This 12-page TowerGroup report analyses the rapidly consolidating exchange market, examine ...
Butler Group Technology Audit - TLM OnDemand
Analyst research firm Butler Group reviews TLM OnDemand, SmartStream's fully managed, high ...
The Value of a Comprehensive Integration Solution
Many enterprises are currently spending more on integration-related projects than they nee ...
The Benefits Of Automation For The Front Office
The increase in ultra high net worth families around the world — especially in the emergin ...
The Antidote to Information Overload
In recent years the industry has struggled with a massive influx of investment information ...


Delicious
Digg
Reddit
Stumble
LinkedIn
Mail sent successfully