Posted: Wed Oct 30, 2013 10:37 am Post subject: Herrington Global Expands Institutional Presence
Herrington Global Expands Institutional Presence
Released on: October 30, 2013, 5:32 am
Author: Herrington Global
October 30, 2013, 5:32 am -- /EPR NETWORK/ -- Herrington Global committed to continued strategic expansion in Kuala Lumpur and Seoul, as well as globally.
Herrington Global announced today that it is growing its institutional presence in Singapore as one of the many steps in the firm's strategic expansion globally. The company has invested in new infrastructure and office space in its headquarters building to create a premier "trading floor" for its Singapore institutional division. The space is designed to accommodate new teams of experienced institutional advisors and brokers Herrington Global plans to hire in the coming months, to complement the firm's growing institutional presence in Hong Kong.
Glen Buckley, Executive Vice President and President of the Asian Markets for Herrington Global , said: "With futures as our core business, we have established a terrific niche in serving the growing middle market base of clients, small to mid-size corporate, industrial and agricultural firms, introducing brokers, high net worth individuals and commodity trading advisors. We're able to bring these clients an incredibly high level of service, and increasingly, institutional brokers are contacting us to talk about their interest in our resources and high-touch approach to serving this market."
Kam Wu-Xiao, Herrington Global Corporate Development, said: "We've made significant investments in technology and infrastructure to build a compelling, robust new 'trading floor' that optimizes our proprietary, value-added technology, along with the trading screens of premier software providers. In addition, new general and specialist institutional teams will benefit from our comprehensive global futures and clearing offering and a 24/7 support structure that's second to none in the industry."
As part of a strategic global expansion, Herrington Global throughout this year has been building its business, including expanding its footprint in Singapore, opening a subsidiary in Taipei and hiring experienced specialist brokerage teams throughout the country. Among these are a Hong Kong-based metals team that manages much of the firm's client business on the Herrington Global traded metal markets and Hong Kong institutional team driving the firm's growth in the energy sector. Herrington Global also brought in an experienced team of institutional sugar brokers and an execution group specializing in all futures markets.
Mr. Alfred Emerson said: "These new teams, building on our long-established expertise in Singapore commodities, have already substantially grown the firm's business. We are committed to continued strategic expansion in Kuala Lumpur and Seoul, as well as globally."
Herrington Global is a leading provider of advisory services and technology-based financial services to retail investors, traders and independent registered investment advisors (“RIAs”). We provide our services predominantly through the Internet, international partnerships networks and relationships with RIAs. We believe that our services appeal to a broad market of independent, value-conscious retail investors, traders, financial planners and institutions.
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