Laeken International to Build Local Trading Office in Korea, Shanghai

Laeken International, a leading commodity futures and brokerage trading firm, has announced plan of opening new brokerage and trading offices in Korea and Shanghai, China as part of its global expansion program and enhancement of its investment management capabilities.

Zurich, Switzerland, July 16, 2011 --( The new offices will not only cover investors from mainland China and Korea, it will also offer trading services to traders and investors from neighboring countries.

The new offices in Shanghai and Korea will be opened later this year after completion of the operational teams that will handle the brokerage sales and trading operation in these offices. The new soon-to-be-opened brokerage and trading offices will be an integral part of Laeken International’s global business presence with trading teams that are expected to cover trading services not only on Korea and Shanghai but also in Singapore, India, Hong Kong and Japan.

“For the past few years, we have already seen the strong growth of China as well as its solid fundamentals, which offer local traders a wide-range of products and investment opportunities,” said David Collins, Chief Operating Officer of Laeken International. “To date, we are prioritizing our plans of global expansion, so we are thrilled to have local offices in Shanghai, China and Korea that will help us to identify potential traders and investors and soon will become our partners in this industry. These new initiatives are among our gigantic steps towards our mission of building world class and with strong foundation of commodity futures firm that can offer competitive edge to global clients.

“We are proud that we have already started our global expansion plan. Prior to the establishment of offices in Korea and Shanghai, we have already successfully put up the same brokerage trading office in Canada and Australia and we will not stop until we are able to put up offices in key cities worldwide,” added Collins.

Laeken International
Greg Newman