Published On: Mon, Apr 15th, 2013

HKMEx Adds Essence Futures and CSC Futures as Broking Members

HKMEx Co-President Jane Wang

HKMEx Co-President Jane Wang

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announced April 10 the additions of China-backed Essence Futures (Hong Kong) Limited and Taiwan backed-CSC Futures (HK) Limited as broking members, bringing total Exchange membership to 40 firms.

“It is our pleasure to welcome Essence Futures and CSC Futures as the sixth and seventh members to join our Exchange this year,” said HKMEx Co-President Jane Wang. “Their additions once again strengthened our membership base from within Greater China which to date includes some of the most well respected brokerages in the region. We welcome this strong interest in HKMEx’s current products and services as well as the upcoming launch of our renminbi futures contracts.”

Han Hui, Executive Director of Essence International Financial Holdings said: “As an emerging international exchange, HKMEx provides Essence with additional opportunities to establish stronger business relationships with global market participants. This will allow us to continue to leverage on support from our mainland Chinese parent company to expand our futures business in new markets.”

Steven Chou, Managing Director of CSC Futures (HK) said: “As active participants in global markets, we are pleased to join HKMEx’s trading community. The addition of HKMEx’s product portfolio allows us to better meet the competitive trading needs of our clients as our group continues to pursue our goal to be a leading player in the financial services sector in Asia.”

Essence Futures (Hong Kong) services customers seeking investment, hedging, and arbitrage opportunities in local as well as overseas futures markets. It is part of Essence Securities Company Limited, a major brokerage in mainland China with 120 branches and offices across 18 provinces, serving over one million customers.

CSC Futures (HK) is a wholly-owned subsidiary of Capital Futures Corporation, a top tier futures commission merchant listed on Taiwan’s GreTai Securities Market. Capital Futures Corporation is a member of the Capital Group, a major financial services firm listed on the
Taiwan Stock Exchange whose services include corporate finance, derivatives, proprietary trading, brokerage, asset management and investment banking.

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