US-based financial company opens Hong Kong brokerage
Hong Kong (HKSAR) - United States-based TD Ameritrade Holding Corporation announced today (March 1) that it has opened a new Hong Kong licensed brokerage, TD Ameritrade Hong Kong Limited, leveraging the city's strategic location and status as a financial hub to expand the company's reach in the region.
TD Ameritrade Hong Kong Limited offers clients the ability to trade stocks, options and futures listed in the US exchanges through the "thinkorswim" trading platform. It also offers free education for clients, including live online and in-person demonstrations, where they can learn how to use the trading platform and how to execute their trading strategies.
The Chief Executive Officer of TD Ameritrade Hong Kong Limited, Mr Gary Leung, said, "Hong Kong is one of the fastest growing economies in the world with the fourth highest GDP per capita in Asia. In addition, the city is the gateway to Mainland China, with a well-established financial, legal and regulatory system.
That is why we are keen to expand our business here.
"Based on the profile of our Asian clients in the US, they are seven times more active in terms of trading than an average US client. The market potential in Asia is huge. As Hong Kong is strategically located at the heart of Asia, we want to use Hong Kong as our regional hub in northeast Asia, in particular the Greater China region covering Mainland China, Hong Kong and Taiwan."
Associate Director-General of Investment Promotion Mr Charles Ng said, "Hong Kong, as an international financial centre in Asia, offers unrivalled opportunities in the financial sector.
It attracts many global investment firms to set up here, as well as sophisticated investors. It is the best place for TD Ameritrade Hong Kong Limited to promote its brand and expand its clientele in the region."
About TD Ameritrade Hong Kong Limited
TD Ameritrade Hong Kong Limited enables retail investors to trade the U.S. markets by providing access to cutting edge trading technology, low commission rates, free education and local customer services.
Clients can trade stocks, options, futures and options on futures using the thinkorswim trading platform, downloadable platform built for its traders, and the thinkorswim mobile - a mobile app that allows clients to execute trades and stay connected to the market while on the move. For more information, please visit http://www.tdameritrade.com.hk" target="_blank">www.tdameritrade.com.hk.
About Invest Hong Kong
Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government established in 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies enrolled as its clients.
For more information, please visit http://www.investhk.gov.hk" target="_blank">www.investhk.gov.hk.
For an event photo, please visit http://www.flickr.com/photos/investhk/albums/72157688298477780" target="_blank">www.flickr.com/photos/investhk/albums/72157688298477780.
Published on: 2018-03-01
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