Tradar anticipates continued growth in Hong Kong during 2008, including a further 50% expansion in the employee base over the coming year.
Tony Swei, CEO, Tradar, commented:
âWeâre very proud of the way our Hong Kong operation has grown. Clearly, the Asia Pacific area is an economically dynamic region with rapidly growing wealth and an increasing number of start-up hedge funds looking to manage that wealth. However, I do think that the success of our Hong Kong operation is down to the fact that we built up a seasoned operating team by promoting staff from front-line support. The suitability of Tradarâs Insight platform to the local market has also played a vital role â it is very flexible in the range of trading strategies it can accommodate and is highly scalable, making it ideal for start-ups.â
Eric Royer, General Manager, Tradar, Hong Kong, added:
âDuring the last year, weâve seen employee numbers double and have plans to increase our employee base by half again next year. To accommodate the growth, weâve already had to move to larger premises. Importantly, weâve also created an excellent working environment, which has enabled us to achieve a 100% employee retention rate.