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Canada’s largest proprietary trading company, SwiftTrade Inc, has launched an overseas office, Day and Night Securities Limited, in Hong Kong.
The Director of Hong Kong Economic and Trade Office (Canada), Mr Bassanio So, said: “This is a very good indication to the Canadian community that business opportunities are ample in Hong Kong. With its distinctive advantages, we believe there will be more Canadian companies setting up their overseas offices in Hong Kong.”
Headquartered in Toronto, SwiftTrade is the first and the largest direct access electronic trading centre in Canada. The firm actively trades the NASDAQ, AMEX, NYSE and CME markets, executing upwards of 50,000 transactions representing an average of 60 to 100 million shares every day.
The President of SwiftTrade, Peter Beck, said, “We are extremely excited about our expansion to Hong Kong. The large population of highly educated and motivated people here have allowed us to find a team of good traders.”
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