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HONG KONG, Apr 5, 2016 - (ACN Newswire) - Quam Limited ("Quam" or the "Company", Stock Code: 00952.hk), a Hong Kong-based financial services group, announces that its brokerage arm Quam Securities Company Limited became the first Hong Kong securities trading member in Singapore Exchange ("SGX").
Chew Sutat, Head of Equities and Fixed Income, SGX said, "We are pleased to welcome Quam Securities as our first Hong Kong-based securities trading member. With this membership, Quam securities will be able to offer our cash securities to its clients, expanding their investment options and adding diversity to the Singapore securities market's investor base. We look forward to Quam Securities' participation and support in our market."
"We are delighted to be accepted as a trading member of SGX. This is important in strengthening our on-going efforts to expand our range of product offering to our clients. We look forward to a solid and fruitful relationship with SGX as we work together to further promote products from the Singapore market to our worldwide clients," said Kenneth Lam, Deputy Chairman and Chief Executive Officer of Quam Limited.
The admission of Quam Securities brings the total number of Trading Members in SGX's securities market to 28. The securities market also has 25 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the derivatives market, there are 50 Trading Members and 24 Clearing Members.
About Quam Limited ("Quam": 00952.hk)
Quam Limited ("Quam") is a Hong Kong-based financial services group which was listed on The Stock Exchange of Hong Kong Limited in 1997. The core businesses of the Group are now comprising Quam Securities, Quam Capital, Quam Asset Management, Quam Wealth Management, Quamnet.com and Quam Investor Relations. By utilizing the best of both its online resources and solid expertise, Quam strives to become the ideal partner for both corporate and individual investors in Hong Kong and China. Quam also offers premier one-stop financial services to its clients. In addition, Quam provides capital markets services through its representative offices or the wholly-owned foreign enterprises in Shenzhen, Shanghai, Shenyang, Ningbo, Dalian, Beijing, Chengdu, Hangzhou and Xiamen of the PRC and through its Global Alliance Partners network in Japan, Thailand, UAE, the United States, the UK, Indonesia, Jordan and Australia.
For more information on Quam, please visit its website at www.quamlimited.com.
About Quam Securities Company Limited ("Quam Securities")
Established in 1986, Quam Securities is the brokerage arm of Quam Limited (00952.hk). Quam Securities excels securities, futures and options trading across global financial markets for its clients. Quam Securities also provides various investment products and professional services, including securities financing, stock borrowing and lending, nominee services, underwriting and institutional placements. Quam Securities has established strategic alliances with financial intermediaries in China, giving its market reach in many provinces in China.
For more information on Quam Securities, please visit www.quamsecurities.com
For further enquiries, please contact:
Quam IR
Ms. Jane Chan Tel: (852) 2217 2906 E-mail: jane.chan@quamgroup.com
Ms. Stella Yuen Tel: (852) 2217 2908 E-mail: stella.yuen@quamgroup.com
Ms. Bonnie Zhou Tel: (852) 2217 2709 E-mail: bonnie.zhou@quamgroup.com
Topic: Press release summary
Source: Quam Limited
Sectors: Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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