MIG expands to Hong Kong

As China gradually opens up to forex more and more Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokers are eyeing this huge continent. China's forex potential is massive and is far from being exploited. Until retail forex is fully authorized within China many brokers are using Hong Kong as a convenient gateway to access the massive Chinese as well as Far East markets. MIG now becomes the latest broker to do so.

MIG BANK, a leading Swiss bank providing Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term services for private and institutional clients today announced the opening of a representative office in Hong Kong. The opening of this office brings MIG BANK closer to its clients and business partners in Asia and represents a first step of the Bank’s planned growth in this strategically important region.

In accordance with local regulations, the representative office will be able to market the Bank’s banking services in Hong Kong and function as a liaison between the Bank and its local customers.

Commenting on the opening, Hisham Mansour, Chief Executive Officer of MIG BANK said, "We are delighted to be opening a representative office in Asia. It will help to facilitate smoother communications with Asia-based clients and business partners in their own languages and time zones and, we will also be able to offer assistance to the Asia account management team in Switzerland. This is an exciting first step in our planned global geographical expansion".