The new Hong Kong office represents a further strategic milestone for MetaBit to accelerate the expansion of its rapidly growing Asian client base and support its strategic objective to service Asiaâs financial markets with localized and low latency trading solutions. The Hong Kong office will promote and support institutional DMA, algo and manual trading across fourteen Asian markets.
MetaBit have also announced the appointment of Claus Kwon as managing director for the Asia Pacific ex-Japan business.
âI am very pleased to have Claus Kwon taking responsibility to further expand MetaBitâs business outside Japanâ says Daniel Burgin, CEO at MetaBit. âWith Mr Kwonâs appointment, MetaBit continues to proactively build on its success and reputation earned through the quality of its technology and MetaBitâs continuous efforts in helping its clients achieve greater trading efficiency. Headquartered in Tokyo, our company is firmly rooted in Asia. The addition of the Hong Kong office strengthens MetaBitâs ability to deliver the best solution with service catered for local needs.â
âI am excited to be joining MetaBit as their business expands in the region and as electronic trading continues to develop at an incredible rate in Asia,â says Mr Kwon. âMetaBit has a history of delivering innovative electronic trading solutions to both global and local clients in the Asia markets. Whilst MetaBitâs solutions are global by underlying technology, their unique infrastructure supports businesses that are serious about their Asia operations and want to stay competitive in this market.â
Today, MetaBit covers all of Asiaâs DMA and Algo markets through its flagship trading platform XiliX, its vendor neutral FIX hub MLH (Market Liquidity Hub), and Alpha, its ultra-low latency exchange connectivity solution.
With the opening of a Hong Kong office, MetaBit - a pro-active promoter of the FIX Protocol â has formally joined the FPL.