TradeNet Hosts Eye On China Conference
TradeNet hosted its first conference for the year here in Dubai – Eye on China to introduce prominent financial institutions in the GCC region to opportunities available in China. We were joined by Gerry Alfonso at Shenyin & Wanguo Securities (SWS) from Shanghai, China to brief us about the potential investments in equity, fixed income, derivatives and funds.
"Ties between Chinese and Arab stock markets remain largely underutilized and SWS seeks to improve this situation", Gerry Alfonso mentioned at the conference. The Chinese market is currently about USD 7 trillion in market capitalization and USD 10 trillion in trading volume.
SWS is looking to form strategic partnerships with suitable financial institutions and banks from the GCC region. Mr. Alfonso spoke about the different markets in China that allow foreign participation, the licenses required and how to navigate Chinese regulations.
TradeNet is a regional provider of equity trading platform for the financial industry and delivers order management solutions that are used by more than 45 banks and brokerage firms having more than 100,000 on-line investors across Middle East and other emerging markets.
TradeNet is the region's undisputed No.1 equity trading systems provider. The latest release of TradeNet X promises a fundamental change in the brokerage business model aimed at stimulating additional revenue for brokerage firms.