HSBC in Hong Kong retail forex foray with Oanda
HSBC launched margin foreign exchange trading services for its retail clients in Hong Kong on April 23 using technology developed by margin FX trading company Oanda. The platform was developed in six months and uses streaming prices from the bank's FX desk.
"Hong Kong is an important and strategic location to provide customers a broad range of investment options. Margin FX is the latest extension to the portfolio of products that HSBC is able to offer its clients," said bank officials at launch
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