Laeken International Opens Singapore Trading Desk as part of Asian Region Expansion

Top Quote Laeken International, a global leading provider of commodity futures trading services to selected key cities worldwide has announced today the opening and launching of Laeken International Singapore Trading Desk as part of its expansion efforts in developing and enhancing its presence in Asian Region. Recently, it has successfully launched trading desk offices in Shanghai China and Japan. End Quote
  • (1888PressRelease) June 25, 2011 - The new Singapore office is expected to serve the local traders and investors from Singapore particularly the institutional traders such as hedge funds managers, asset managers, financial institutions, Commodity Trading Advisors as well other trading companies.

    With the trading support of few but selected veteran brokers assigned in Singapore, the office will provide local clients with full anonymous trading environment with recognized superior algorithmic trading capacities, highly-developed order placement and management, sophisticated routing tools and direct access to the most liquid foreign exchange markets through broad network of prime broker relationships. Also, the Singapore office will provide a collective service of either disclosed or undistinguished liquidity through its highly customizable prioritization application features offered within the software used by active investors.

    With the launching of our new trading desk in Singapore, we are anticipating to attract diverse local clients from Singapore because of our innovative and highly-enhanced trading technology, peer-to-peer trading abilities and profound liquidity of our major brokerage partners," said Henry Chen, the Managing Director of Singapore office. "With the second largest hedge fund industry in the entire Asia Pacific Region, our firm believes that we can definitely help and provide local investors in Singapore with great investment opportunities and we intend to utilize our Singapore office as additional trading hub of our business in the entire region of Asia," added Chen.

    Mr. Henry Chen, a local veteran trader, who once worked as a senior floor trader in New York Mercantile Exchange, will spearhead the entire trading and business operation in Singapore. Chen is a local Singaporean with almost two decades of trading experience both in financial and commodity brokerage industries. He will lead a team of 12 all professional and multi-language brokers. Chen will directly report to Mr. David Collins, the firm's Chief operating Officer.

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