Goldwater Global Management to Commence Brokerage and Trading Online Operation in Hong Kong
After the successful online operation of its commodity futures and brokerage in Canada, Switzerland, France and Australia, now, Goldwater Global will try to win the approval of trading enthusiasts from Asia Pacific Region via its online commodity futures trading.
- (1888PressRelease) February 26, 2012 - Starting the second quarter of the year, Goldwater Global Management's online trading operation for commodity futures will be made available to some selected Asian countries via its website. According to Mr. George Hendrickx, the Managing Director for Asian Marketing and Trading operation, its Asian online trading operation will still be patterned after the standards of the commodity exchanges from other parts of the world. This new online trading service is expected to empower and help boost confidence of the Asian traders and investors to trade via online commodity futures while enjoying access to global financial commodity marketplaces.
In the same way, the same online trading operation will be introduced to other Asian countries as soon as the Goldwater Global Management's first online trading operation in Hong Kong will succeed. The plan of offering online trading services to Asian traders is patterned after the idea that Asian traders must experience price transparency and improved market impartiality within the commodity futures markets in Asia. Initially, Goldwater Global Management will provide 24/7 online trading operation from Monday to Friday in all accessible international commodity marketplaces while strengthening its trading time for domestic markets to help the local traders and investors.
Moreover, Goldwater Global Management will charge a minimal amount for membership fee for traders and investors who want to participate in the commodity exchange where it operates. But the online trading proper will take place only when the clearing members' level is seen and considered as part of the direct matching of the market specifically in providing market liquidity.
"We are also expecting that this new service offering via our online commodity trading and exchange will support Asian countries commodities and agricultural products, especially in maintaining its existing prices. If this brokerage trading plan of the firm becomes successful, Asian farmers in general will definitely take advantage of this plan and will assist them achieve a wider markets for their agricultural yields," Mr. George Hendrickx explained.