Shanghai Insight

It has been a week since the Asia Trading Summit 2017 finished, and I have returned to London after a whirlwind week spent in Shanghai.

Once again, this was another excellent event hosted by both Finance Magnates and FX168. As ever, the quality of attendees was high and the event proved beneficial for all companies in attendance.

It was extremely refreshing to see all the new potential clients adopting a very professional view on the institutional product solution we were promoting. This was a breath of fresh air when compared with the response we typically receive from other such global summits we have attended, in which it can feel like a race to the bottom on leverage, spreads and commissions.

The potential clients we engaged with had a very strong focus on service, integrity and the product offer we presented as a whole package. The first question was never, ‘how tight is your pricing’, but instead the enquiries were more rounded and professional, demonstrating that clients need to have trust in their service provider.

As we all know and appreciate, Asia is a fast-moving and exciting market, and one in which GKPro already has a strong presence. We feel our solutions are truly beneficial to the Asian trading community, where new and existing clients can profit from a strong provider, such as GKPro.

The market is developing and evolving rapidly; partners in the region are looking at white label partnerships in which a trusted, credible FCA-regulated broker is a key requirement in growing their existing networks.

MT4 is still the preferred platform in Asia (particularly within China), as demonstrated during the event and something I believe can be attributed to the platform’s ease-of-use. Whilst we do have this platform in our offering, there exists a real interest in the more sophisticated trading platforms which we showcased during the trading event and have available to our client base.

Our White Label partnership is particularly well-suited for eminent and recognised fund managers and brokers to create their own unique brokerage business solutions. GKPro's API liquidity allows professional customers to customise liquidity, enjoy competitive spreads, margin requirements and 24-hour quotes.

As the Chinese market evolves in line with established trading hubs of Asia, such as Hong Kong and Singapore, we at GKPro are looking to establish and build upon the market standards, creating a benchmark of which our Chinese partners and clients can feel proud to be a part.

As we have the ability to offer trading solutions to retail and institutional clients, we provide a good fit for established and sophisticated investors from China. Simply put, we can provide institutional-standard trading solutions to suit individual needs.

Our pricing is institutional-grade, stemming directly from major Tier 1 banks and top non-bank market makers. Our top of the book pricing offers great flexibility to our new and existing clients, which was demonstrated and recognised during the Asia Trading Summit.  

Following the summit, I am looking forward to returning to Asia in the near future to engage with our existing client base to continue to better my understanding of their requirements for future success.

3 Takeaways from the Summit: 

• Chinese clients require a recognised, FCA-regulated broker.
• MT4 is still the platform of choice, but clients are looking into additional products.
• Transparency, trust and flexibility are key to a successful partnership with clients from the region.