FX BROKERS
to clients and the clear guidance for companies on how to run the business.
FXTM How popular is FX trading in Asia and how Asian markets changed in the last decade? In times where the developed nations are still struggling with debt problems and dismal economic growth, what potential do you see in the emerging Asian markets?
BT
Te popularity of FX is growing c o n sis t e n t ly since the last decade and we believe there is still a lot of opportunity because many Asian investors, especially emerging Asian markets, are still unfamiliar with the product.
Terefore, the emerging
markets represent great potential for all participants.
FXTM
Inflation in China, Asia’s largest economy, was well below the government’s official target last month. Do you think that this data would clear the way for policymakers to pursue any new stimulus measures?
BT Yes, I personally believe this would be the case because the direction of
Advertorial
keeping this year’s GDP growth goal at 7.5% is still valid for the moment.
FXTM What type of clients will be the main target for MIG Capital Asia?
BT We serve both corporate clients and individual investors. Both are our priority.
The popularity of FX is FXTM
Do you intend to offer new services for the Asian markets ?
consistently in Asia since the last decade and we believe there is still a lot of opportunity because many Asian investors are
still unfamiliar with the
FXTM What are the advantages of MIG Capital Asia compared to its competitors in the region?
BT Opening a Swiss banking account with exclusively premium customer services is really our strength and
advantage perspectives.
FXTM How many people will service Asian customers in the new branch?
BT Currently we have a team of 10 serving Asian clients from Hong Kong.
from clients’ product
BT Clients will open their Swiss bank accounts in Switzerland through the introduction of the HK Office. It used to be a difficult task to open a Swiss bank account in the past but MIG Capital Asia provides the channel to open a Swiss bank account for clients.
growing
FXTM Does MIG Bank plan to open other int ernational branches? If
yes, in which regions?
BT We are always considering new ways to get closer to our clients.
FXTM Considering the importance of the Japanese market, does MIG Bank have
any plan to have presence in Japan?
BT We do not have a plan to open an office in Japan for the time being; however, we heavily invest time and manpower in communicating with Japanese brokers.
a
FX
FX TRADER MAGAZINE October - December 2013 39
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