Singapore - September 20, 2018
Straits Financial Group (“Straits”) is proud to announce that it has received the Non-Bank FCM of the Year award at the FOW and Global Investor Asia Capital Markets Awards 2018. This is the second year in a row in which Straits has received accolades from the awarding body in recognition of its achievements in the past year.
The Non-Bank FCM of the Year Award is given to Straits for its demonstration of tangible innovations and growth. Quoting the judging panel, “Straits has been known to be an innovator amongst their peers and aggressively strives to seek efficiency and value for their clients. As a firm, they take the necessary ‘hard’ steps to ensure that they can provide access to many markets and products for their clients…which allows then to effectively manage their trading risks and seek out new profitable trading opportunities. As per their submission in the period in question, they challenged themselves to meet the tough risk, regulatory and operational requirements to provide client access to the newly opened exchanges (INE) and products (DCE’s Iron Ore) on China allowed international participants for the first time to access these markets. In both these cases, Straits managed to be ready for the first day of operation and in fact managed to be partly to the first trades for international participants. Straits innovative work with the Indonesian Authorities to develop a physical commodities marketplace for the trading and deliver of rubber is helping to enhance the trading ecosystem across the region for rubber which can potentially be expanded into other commodities. Straits is a good commodity specialist in the region supporting a lot of local exchange initiatives”
Managing Director of Straits Financial Services, Mr. Roger Quek receiving the awards on 20th September.
“Straits constantly explores new frontiers to broaden our suite of product offering and services to bring new trading opportunities to our clients”, said Mr. Roger Quek, Managing Director of Straits Financial Services Pte Ltd. “This award is a testament to our continual efforts in delivering innovations in the derivatives space and our readiness to react to market demands.
ABOUT FOW & GLOBAL INVESTOR ASIA CAPITAL MARKETS AWARDS
The Asia Capital Markets Awards are an expansion of FOW’s long standing Awards for Asia programme and recognizes the very best achievements across the Asian capital market industries. The Asia Capital Markets Awards are judged by the editorial team and a panel of industry experts drawn from across the market in a range of disciplines. Award categories includes: exchanges, trading platforms and clearing; technology; banks and brokers; and asset management, buyside and prop firms.
ABOUT STRAITS FINANCIAL GROUP
Headquartered in Singapore, Straits Financial Group is the brokerage house under CWT Limited that offers a full spectrum of derivatives & OTC products, including trade facilitation for physical commodities. Established affiliate offices are in Singapore, Chicago, New Jersey, Shanghai, Jakarta and in Dubai. Straits Financial is a full Clearing Member of the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), the Commodity Exchange (COMEX), Dubai Mercantile Exchange (DME), New Zealand Exchange (NZX), Nasdaq Futures (NFX), CBOE Futures Exchange (CFE), Asia Pacific Exchange (APEX) and is the first batch of Overseas Broking Special Participant of the Shanghai International Energy Exchange (INE). Straits offers clearing access to all major global commodity exchanges. For more information, visit www.straitsfinancial.com.
Please visit the following link to view the listed awards winners: