CFH Systems Embarks on an Infrastructure Joint Venture in China

by Avi Mizrahi
  • CFH Systems China will be headed by Jeff Chao, Founder and CEO of Global Market Index, who set up Capital Market Automation Provider in 2013.
CFH Systems Embarks on an Infrastructure Joint Venture in China
Finance Magnates

Operating a connection speed dependent business behind the great firewall of China is a daunting task for international firms, but one that can be solved with the help of local solutions and Chinese partners. In line with that fact, CFH Systems announced today that it has formed a joint venture with Capital Market Automation Provider Ltd to accelerate its market penetration in China.

The new partnership offers institutional clients CFH's ClearVision technology and Capital Market Automation Provider’s local network infrastructure, specialization in MT4 hosted services and Chinese market support. The joint venture builds on CFH Systems’ internet peering agreement with China Unicom, offering low latency when trading between China and Europe.

Ole Rossing, CIO, CFH Systems explains, “We are all aware of the huge potential in China. However, we knew that to capitalise on the opportunities available, we needed to find a local partner with strong local knowledge and excellent infrastructure. Capital Market Automation Provider Ltd was ideal, with a strong track record and a reliable local network already in place.

Ole Rossing, CIO, CFH Systems

Ole Rossing, CIO, CFH Systems

Capital Market Automation Provider Ltd is present in two datacentres in Hong Kong and three China datacentres, in Shanghai, Shenzhen and Tianjin. This local network, combined with our own dedicated fibres between London and Beijing, puts us in a strong position to become a market leader in terms of technology, Hosting and infrastructure solutions for institutional clients across China.”

CFH Systems China will be headed up by Jeff Chao, Founder and CEO of Global Market Index, who set up Capital Market Automation Provider Ltd in 2013. He will head up a team of five, based in Shanghai.

Jeff Chao, Director of CFH Systems China, commented, “Having been based in China since 2009, I have a clear understanding of the market requirements and the needs of retail FX brokers and banks. I’ve always been very selective about who to partner with and am extremely excited about the potential of the joint venture with CFH Systems. Their technology is second to none and provides all the tools required by brokers to manage an increasingly complex business.

Jeff Chao, Director, CFH Systems China

Jeff Chao, Director, CFH Systems China

I feel that together we have a very attractive and scalable offering, particularly for new brokers looking for the full solution: technology, hosting and connectivity. In addition, with CFH Systems’ close partnership with UK-based Liquidity provider CFH Clearing, I believe we are well positioned to offer an unrivalled front-to-back trading solution in Asia and beyond.”

CFH Systems states that it has ambitious plans for growth across Asia, and already has offices in Tokyo and Hong Kong. Presently, CFH Systems China will extend the group's product and services in Asia to include MT4.

Operating a connection speed dependent business behind the great firewall of China is a daunting task for international firms, but one that can be solved with the help of local solutions and Chinese partners. In line with that fact, CFH Systems announced today that it has formed a joint venture with Capital Market Automation Provider Ltd to accelerate its market penetration in China.

The new partnership offers institutional clients CFH's ClearVision technology and Capital Market Automation Provider’s local network infrastructure, specialization in MT4 hosted services and Chinese market support. The joint venture builds on CFH Systems’ internet peering agreement with China Unicom, offering low latency when trading between China and Europe.

Ole Rossing, CIO, CFH Systems explains, “We are all aware of the huge potential in China. However, we knew that to capitalise on the opportunities available, we needed to find a local partner with strong local knowledge and excellent infrastructure. Capital Market Automation Provider Ltd was ideal, with a strong track record and a reliable local network already in place.

Ole Rossing, CIO, CFH Systems

Ole Rossing, CIO, CFH Systems

Capital Market Automation Provider Ltd is present in two datacentres in Hong Kong and three China datacentres, in Shanghai, Shenzhen and Tianjin. This local network, combined with our own dedicated fibres between London and Beijing, puts us in a strong position to become a market leader in terms of technology, Hosting and infrastructure solutions for institutional clients across China.”

CFH Systems China will be headed up by Jeff Chao, Founder and CEO of Global Market Index, who set up Capital Market Automation Provider Ltd in 2013. He will head up a team of five, based in Shanghai.

Jeff Chao, Director of CFH Systems China, commented, “Having been based in China since 2009, I have a clear understanding of the market requirements and the needs of retail FX brokers and banks. I’ve always been very selective about who to partner with and am extremely excited about the potential of the joint venture with CFH Systems. Their technology is second to none and provides all the tools required by brokers to manage an increasingly complex business.

Jeff Chao, Director, CFH Systems China

Jeff Chao, Director, CFH Systems China

I feel that together we have a very attractive and scalable offering, particularly for new brokers looking for the full solution: technology, hosting and connectivity. In addition, with CFH Systems’ close partnership with UK-based Liquidity provider CFH Clearing, I believe we are well positioned to offer an unrivalled front-to-back trading solution in Asia and beyond.”

CFH Systems states that it has ambitious plans for growth across Asia, and already has offices in Tokyo and Hong Kong. Presently, CFH Systems China will extend the group's product and services in Asia to include MT4.

About the Author: Avi Mizrahi
Avi Mizrahi
  • 2728 Articles
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About the Author: Avi Mizrahi
  • 2728 Articles
  • 10 Followers

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