Singapore Commodity Trading Company Expanding To The Australasian Region

Top Quote Marina Bay Trading Planning 2 New Offices in the First half of 2012. End Quote
  • (1888PressRelease) November 01, 2011 - Marina Bay Trading. today announced an expansion of its Australasian sales coverage for global derivatives, looking to appoint up to 20 new CTA3 advisor's to its overseas sales desk. This derivatives expansion complements the existing coverage of the Singapore market from the company's Singapore office with a view to opening satellite offices in both Sydney and Hong Kong in the second quarter of 2012.

    "The global financial crisis has given investors a new perspective towards derivatives products. The futures and options market is viewed as part of the solution worldwide, and in particular, the use of derivatives is accelerating in Asia and Australia as more corporations are discovering their needs for risk management," said Mr. Richard Coggins, Marina Bay Trading Vice President of Trading. "With the trend of flight to quality, Marina Bay Trading is well positioned to capture the opportunities in the changing market landscape. We are committed to growing our business by cultivating local leadership and we believe this expansion will be a great asset and enhancement to our presence in Australasia."

    Marina Bay Trading Global Markets encompasses the foreign exchange, interest-rate and equity risk management businesses of , including global trading and sales activities. Marina Bay Trading is a premier foreign exchange provider, trading in over 100 currency markets around the world. In Asia-Pacific, Marina Bay Trading plans to research the opening of two trading rooms in Hong Kong and Sydney offering and trading Commodities and futures in the Oil and energy markets along with advice and trading opportunities in the volatile Gold market

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