British prop trading and training firm plans to open office in fourth quarter
Prop firm OSTC has signed an agreement
with Chinese broker Yongan Futures to set up its first office
in China, the latest sign that Western firms are positioning
themselves for the gradual opening up of the domestic Chinese
Jonny Aucamp, chief executive of OSTC,
told FOW the joint venture is set to open the trading office in
Hangzhou, China in the fourth quarter of this year.
"OSTC has been keen to have a presence in
China for a few years," said Aucamp. "There are huge
opportunities in China for an offering such as ours. There is a
big gap between generic online courses and practical,
institutional training for professionals."
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.