|
Ping An Tradition International Money Broking Company Ltd (“Ping An Tradition”) is the third inter-dealer broker (“IDB”) company in China approved by the China Banking Regulatory Commission (“CBRC”), and is the first player in the inter-dealer broking industry in southern China . It is established as a 67/33 joint venture between China Ping An Trust & Investment Co., Ltd (“Ping An Trust”), a subsidiary of Ping An of China, and Compagnie Financière Tradition (“CFT”), one of the world’s top three inter-dealer brokers. Incorporated in Shenzhen with a total registered capital of RMB 50 million, the company will begin providing broking services soon. In line with relevant stipulations of the “Measures for the Administration of Pilot inter-dealer Brokers”, Ping An Tradition provides brokerage services for the following markets both onshore and offshore:
1) Foreign exchange market 2) Money market 3) Bond market 4) Derivatives 5) Other businesses approved by CBRC
In accordance with the Chinese policies and regulations, Ping An Tradition will establish an effective platform by leveraging its extensive global network and financial expertise. Building on Ping An and CFT’s previous experience, the company will deliver professional broking services while improving market liquidity, lowering financial transaction cost, and making contributions to the development of China’s inter-dealer broking industry.
Company Vision Ping An Tradition is committed to the highest moral integrity and sound corporate governance. Its team is made up highly professional staff whose goal is to provide outstanding and stable brokering services to clients. While headquartered in Shenzhen, Ping An Tradition is working towards becoming an industry leader, the most trusted broker in China, and a company where the best and the brightest look forward to joining.
|