PIT is your dedicated outsourced trading desk.
PIT is not an exchange participant or clearing participant and will act solely on behalf of its clients, representing them as their agent to ensure best service and execution. PIT is a HK Securities and Futures Commission (SFC) licensed Type 1 (Equities) Broker. PIT: No client assets & no proprietary book.
Parry International Trading (PIT) is a Type 1 (Dealing in Securities) licensed brokerage company with the Securities and Futures Commission of Hong Kong (CE: AUV257). PIT is neither a market participant, exchange participant nor a clearing participant and as such, PIT uses other licensed corporations that are exchange participants.
As we do not hold client assets or participate in the clearing or settlement process, we direct trades on behalf of our clients only to counter party brokers that are on our client’s investment committee’s approved broker counter party list. This effectively removes any counter party risk in settlement, booking or clearing for our clients dealing with PIT.
Hong Kong is abuzz with investors trying to get in on the city's biggest IPO in years. Xiaomi is opening its retail book today. The firm will start trading on July 9th, as the first tech float on the Hang Seng under new rules that allow dual-class shares. --Diane To takes a look at whether the... read more
This week's Forbes Asia Biz Briefing comes from Parry Global Group CEO Gavin Parry. His key takeaway from the Singapore summit between President Trump and Kim Jong-un has been one of positivity. He says the actions of the Fed have also been felt globally, so now he's turning his attention to Europe... read more