Browning, Shi set up futures brokerage Bands Financial with eyes on China

Brokers John Browning and Tiger Shi have set up a futures brokerage, Bands Financial Ltd, which was licensed by Hong Kong’s Securities & Futures Commission on October 13, they told Metal Bulletin.

Browning and Shi will offer a full range of futures for its clients: equity index, energy, grains, softs, currencies, precious metals as well as base metals. The brokers, who both formerly worked for Newedge and Jefferies, plan to have 50-60 clients by October 2016, from hedge funds, corporates and high net worth individuals. “Getting the HK licence for Bands Financial is a crucial step forward and now we have to convert this into real business,” Browning said. As an officially licensed type II broker in Hong Kong, the brokerage plans to do business for qualified clients on global futures...

Published

October 16, 2015

10:10 GMT

London