HKForex, announces strong uptake at official launch in Hong Kong
Released on: February 26, 2008, 8:15 pm
Press Release Author: Alan Tang
Industry: International Trade
Press Release Summary: Kowloon, Feb 26, 2008 -- HKForex.com.cn begins second phase operations of it's online currency options trading platform. Launched today, and officially unveiled, HKForex attempts to be the first online trade services platform to focus on the foreign-exchange options markets in China.
Press Release Body: Kowloon, Feb 26, 2008 -- HKForex.com.cn begins second phase operations of it's online currency options trading platform. Launched today, and officially unveiled, HKForex attempts to be the first online trade services platform to focus on the foreign-exchange options markets in China.
The service, which is targeted at Asian Pacific clientele actively trading in currencies, already has been met with widespread interest since it was first introduced to the Hong Kong financial marketplace this past February.
During the past three months, 12 Hong Kong banks and brokerages have signed up for the service, and hundreds of individuals now have access to options trading through their brokerage accounts.
\"The initial few months of the HKForex operation have shown that there is a huge, unsatisfied demand for quality foreign-exchange in the Asian Pacific market,\" said Mr Kim Lee, analyst with Ming Pao Daily News, at today\'s official launch in Hong Kong. \" Investors can hedge against foreign currency risk by purchasing a currency option put or call. We believe that this demand will keep increasing as markets move ahead toward the increased uncertainty in U.S. dollar instability in 2008. HKForex is well positioned to meet this demand.\"
\"We\'re delighted with the early response to this joint product as it shows there is demand for our premium coverage of the global foreign-exchange risk markets,\" said Michael Tan, vice president, international sales and marketing, HKForex. \"We\'re very pleased to have extended our commercial practices online and beyond.
Hong Kong Forex (H.K.) Co. Ltd was established in Hong Kong in Febrary 1995 as an investment advisor and financial markets analyst. Over the years the Company gained experience in market analysis as well as in managing funds for its own account and for various international clients. HKForex provides online account based management of options contracts. As a growing Hong Kong company, HKForex looks to expand it's services beyond the Asia Pacific region.
Contact Alan Tang at +85230518236 for more information about http://www.hkforex.com.cn
Other helpful information regarding this service can be found at: http://www.hkforex.com.cn
For More Information Contact:
Web Site: http://www.hkforex.com.cn
Contact Details: Alan Tang HKForex (H.K.) Co. Ltd 36 Wang Kwong Rd Kowloon Bay Hong Kong SAR 85230518236 85230518237