Marex Financial Receives SFC Licence and Launches in Hong
Kong
HONG KONG, Feb. 9, 2011 /PRNewswire-Asia/ -- Marex, the
international specialist derivatives and FX brokerage firm, today
announces that it has opened an office in Hong Kong, following the
receipt of a Type 2 licence from the Hong Kong Securities &
Futures Commission. This development is an important step in
further expanding the business in Asia and creates a major new
player in the Hong Kong derivatives market.
"We are delighted to have secured a futures broking licence in
Hong Kong. Asia is increasingly becoming a hub for commodity
derivatives trading and we are keen to grow our presence and our
share in the region. We are encouraged that the credibility of the
group globally combined with our enhanced brand name is increasing
our ability to generate a truly global business. Our clients have
told us that they want access to international markets and
operational coverage during Asian trading hours, and the SFC
licence allows us to provide them with products and high level of
services in a fast growing market," commented Gavin Prentice, MD.
"The team, led by Anise Lau, bring a wealth of experience and
knowledge of the commodities and financial futures market and we
are confident that these talented and proven professionals will
allow us to continue to provide our clients with excellent service
globally."
Through its US based entity, Marex was recently granted a full
clearing member status of both the CME Group and ICE US exchanges,
thus, expanding Marex's business into North America by providing
new and existing customers with execution and clearing services in
US markets.
The Hong Kong team:
Anise Lau has over 16 years of experience and joins Marex from
Fortis Bank Hong Kong where she was responsible for business
development in Asia. Previously, Ms. Lau also worked at Natexis
Markets (Asia) Limited, Metallgesellschaft Hong Kong Limited and
Wonson Metals And Minerals Limited.
Matthew Dalziel has over 15 years of experience and joins Marex
from HSBC where he was Head of Futures Trading and Options
Technology in Asia. Previously, Mr. Dalziel served in senior
positions at Lehman Brothers, GL Trade, Deutsche Bank and the
Commonwealth Bank of Australia.
Fred Lau has over 20 years of experience and joins Marex from
Newedge Group, where he was most recently a Director in the
Financial Futures and Options Group. Previously, Mr. Lau also
served in senior positions at ADMIS (formally Refco), Morgan
Stanley Dean Witter, Salomon Smith Barney, Hui You Brokerage and
HSBC Brokerage.
Yip Wing has over 15 years of experience and joins Marex from
Newedge Group, where he was an AVP in the Financial Futures and
Options Group. Previously, Mr. Wing worked at ADMIS (formally
Refco), Fimat Hong Kong and Wardley Financial Services Limited.
Homer Deng joins Marex from MF Global where he was an account
manager for the LME. Previously, Mr. Deng managed arbitrage funds
at Shen Zhen Simding Investments Limited.
Daniel Lim joins Marex from Fortis Bank Hong Kong where he was
responsible for market making to institutional and corporate
clients in Asia on spot, futures, and options. Previously, Mr. Lim
worked at BNP Paribas and Olam International.
About Marex:
Marex is a leading independent futures broker, providing
specialist execution, direct market access and clearing services
for metals, energy, agriculture, financial futures and foreign
exchange markets. Marex's client base includes commodity producers
and consumers, banks, brokers, CTA's, hedge funds and professional
traders. Marex is a member of the London Metal Exchange, NYSE
Liffe, ICE Futures, ICE US, Eurex and the CME Group, and offers
access to all other major exchanges in the US and Asia. Marex is
headquartered in London, with offices in New York, Geneva and Hong
Kong. Marex subsidiaries are regulated by the Financial Services
Authority in the UK and by the National Futures Association in the
US.
Enquiries:
Ekaterina Alferova
Brunswick Group
[email protected]
+852-3512-5093
Marex Hong Kong:
Marex Hong Kong
Suites 1106-7, 11th Floor
ICBC Tower
Citibank Plaza
3 Garden Road
Central, Hong Kong
www.marex.com
SOURCE Marex