Fimat expands in Hong Kong
NEWS
The opening of the new branch (FX Week, October 30) will enable it to better serve customers regionally, according to Sydney-based Toby Lawson, head of Fimat's Asia-Pacific FX business.
Having a locally based bank will enable Fimat to operate futures and options under one umbrella, and to manage regulatory functions out of the special administrative region, said Lawson.
"We are in the process of developing an FX product line to add to our business in Asia," said Lawson. "Hong Kong is a regulated
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