London, United Kingdom, August 30, 2013 --(PR.com
)-- Madley Capital Management, the UK based futures and options specialists have announced that the company will be opening its first Asian trading branch in Shanghai by June 2014.
Mr. Charles Johnson – head of Madley Capital Management corporate strategy and development said during the company’s recent shareholders meeting "On the back of our unprecedented success in recent years here in Europe, we have been planning for a long time now to open an Asian trading branch to further our grip on the international market. I am very pleased today to officially announce for the first time that plans for the opening of our first Asian branch are underway and that we look set to open the branch by June 2014.
"The Asian trading branch will be located in Shanghai, we have spent much time and deliberation looking at various locations and options for our Asian trading office but after much consideration we have chosen Shanghai as our initial Asian headquarters.
"The primary objective for the Shanghai branch will be to expand Madley's Asian client base whilst enabling the main trading office here in London to concentrate its focus more on European based clients.
"At present there is a team over in Shanghai making the final arrangements for the branch, there is still a lot of groundwork to do before the office officially opens, but by taking all things into consideration I am pleased to say that the office looks set to open by June next year."
Mr. Johnson later added "Michael Webb, head of our new client department will spend most of 2014 in Shanghai to oversee the initial launch of the office and to see that Madley's standards in customer service are not compromised in any way. It is of utmost importance that as the company grows we never lose sight of the core values that have created our success here in Europe. Before joining Madley Capital Management, Michael was head of client relations for Barclays Capital in Hong Kong and considering how well he has performed in his current position here at Madley’s London offices we feel that he is the perfect man for the job.”
Mr. Johnson said that further details of the new Asian trading office will be confirmed at the company’s next shareholders meeting to be held in December 2013.