CFH Systems, an online trading services developer of Fx and CFDs, has announced its expansion outside of Europe, culminating in the opening of a new office in Hong Kong to support a rapidly growing Asian market and client base, according to a CFH statement.
Copenhagen-based CFH Systems already boasts offices in Denmark, Switzerland and Romania and provides Fx services via front-end technologies, algorithmic trading platforms, risk management tools and order management systems. The new office in Hong Kong will be fully operational by month’s end and represents an initiative to extend its technology and solutions to Asia, a global hub for Fx trading. In addition to a rapidly expansive clientele in the region, former ADM Investor Services and FXCM employee, Jason Huang will head the office.
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CFH Systems Expands ClearVision Suite to Asia
The new office will rely on a full arsenal of ClearVision products, a front-to-back end trading solution that manages liquidity, risk books and client account configurations for Fx brokers and industry experts. According to Ole Rossing, Executive Director of CFH Systems Denmark in a recent statement, “Over a third of CFH’s business is in Asia and it’s a logical step for us to open an office in Hong Kong to provide strong local support to these clients.”
“Demand for advanced risk management systems is high in Asia and we believe that ClearVision will be of real interest amongst Tier I and Tier II brokers looking to take their business to the next level. We see a huge opportunity for CFH to grow in the region and believe that our innovative technology, combined with a local presence, will help us to significantly increase our share of the Asian market,” added Jason Huang, Managing Director of CFH.