Do Brokers Still Want to Enter China? iFX Expo HK Searches for Answers

Monday, 18/01/2016 | 08:07 GMT by Ron Finberg
  • It's less than two weeks to this year's iFX EXPO Asia and a whole slate of panels answering questions about the local market.
Do Brokers Still Want to Enter China? iFX Expo HK Searches for Answers

The Asia iFX Expo which will be held in Hong Kong later this month arrives at a tough time for China. After years of blistering economic growth and a massive stock rally which saw the Shanghai Composite move nearly 2.5X higher between July 2014 to July 2015, the Chinese economic engine is slowing down. Headlining events has been a slump in shares which has wiped out 60% of the previous rally and led to government intervention to prop stocks as well as weaken the yuan.

Prior to current conditions, China was viewed as the hottest market in the world, and a vital place to be for nearly every global company. In the forex industry, this led to major investments from brokers such as FXCM, GAIN Capital, IronFX, GMO Click and Monex Group to both put people on the ground and market heavily in the country. In addition, the country has been a target of Liquidity providers and trading technology firms aiming to provide local players with solutions to offer forex trading to their customers.

As such, the iFX Expo which first took place in Macau before moving to Hong Kong has become a destination for East to meet West and to learn about collaboration and best industry practices. Like in the past, this year’s Expo is expected to provide similar results. However, the 2016 edition is expected to yield new questions that participants will be asking.

iFXEXPO-Asia-2png1

Among specific questions, what Finance Magnates moderators will be looking to learn from the panels is how the current economic slowdown and stock market crash in China is affecting demand of forex trading locally? Also, are foreign firms scaling back their involvement in the country?

Providing a source of answers will be the slew of panels at the conference. Among them include a roundtable of top industry executives discussing Asia, technology firms answering questions about localization and dealing with the ‘Great Firewall of China’, marketing strategists talking shop about the Asian market and non-forex product providers presenting their findings.

The iFX EXPO ASIA will be held on January 26-8 in Hong Kong. More details about the agenda and registration opportunities are available here.

The Asia iFX Expo which will be held in Hong Kong later this month arrives at a tough time for China. After years of blistering economic growth and a massive stock rally which saw the Shanghai Composite move nearly 2.5X higher between July 2014 to July 2015, the Chinese economic engine is slowing down. Headlining events has been a slump in shares which has wiped out 60% of the previous rally and led to government intervention to prop stocks as well as weaken the yuan.

Prior to current conditions, China was viewed as the hottest market in the world, and a vital place to be for nearly every global company. In the forex industry, this led to major investments from brokers such as FXCM, GAIN Capital, IronFX, GMO Click and Monex Group to both put people on the ground and market heavily in the country. In addition, the country has been a target of Liquidity providers and trading technology firms aiming to provide local players with solutions to offer forex trading to their customers.

As such, the iFX Expo which first took place in Macau before moving to Hong Kong has become a destination for East to meet West and to learn about collaboration and best industry practices. Like in the past, this year’s Expo is expected to provide similar results. However, the 2016 edition is expected to yield new questions that participants will be asking.

iFXEXPO-Asia-2png1

Among specific questions, what Finance Magnates moderators will be looking to learn from the panels is how the current economic slowdown and stock market crash in China is affecting demand of forex trading locally? Also, are foreign firms scaling back their involvement in the country?

Providing a source of answers will be the slew of panels at the conference. Among them include a roundtable of top industry executives discussing Asia, technology firms answering questions about localization and dealing with the ‘Great Firewall of China’, marketing strategists talking shop about the Asian market and non-forex product providers presenting their findings.

The iFX EXPO ASIA will be held on January 26-8 in Hong Kong. More details about the agenda and registration opportunities are available here.

About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
  • 8 Followers
About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

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