For Professional Investors Only – Parry Global Group (including Parry International Trading Limited or Parry Capital Management Limited) does not offer investment services to firms or investors who are not regarded as Professional Investors in Hong Kong or its equivalence elsewhere.
Parry Global Group includes Parry International Trading Limited which is licenced to provide trading services to professional investor in Hong Kong. Parry Capital Management Limited is licensed to provide asset management services. While licences have been obtained from the Securities and Futures Commission, Hong Kong (“SFC”) none of the information contained in this website is reviewed and approved for distribution by the SFC.
Professional Investors are expected to have appropriate trading experience and understanding of professional investments as defined under the applicable codes/guidelines/rules and regulations in Hong Kong or other jurisdictions, and a suitable risk profile to bear the risk of partial or total investment loss therefrom.
Nasdaq OMX Group Inc., the second-biggest U.S. exchange operator, said it plans to extend pre-market stock trading by three hours starting next month.Trading will begin at 4 a.m. New York time, instead of 7 a.m., according to a Feb. 12 statement. The change will happen no earlier than,March 18, subject to approval by the U.S. Securities and Exchange Commission. Nasdaq is seeking to attract more trading after U.S. equity volume declined for a third straight year in 2012. The exchange is expanding into derivatives, setting up a new London-based market and buying a 25 percent stake in a Dutch alternative trading system focused on stocks and equity derivatives. Fixed costs increase when trading hours are extended, said Gavin Parry, managing director of Hong Kong-based brokerage Parry International Trading Ltd. One aspect is that bigger firms are better positioned to absorb the costs than smaller ones, which could impact service provider participation given it is tentative the increasing hours will increase turnover.Average daily volume for equities listed on all U.S. exchanges was 6.07 billion shares in the fourth quarter, 18 percent less than a year earlier, according to data compiled by Bloomberg. Nasdaq had a 21 percent decline in full-year net U.S. cash equity trading revenue to $122 million last year, the company said Jan. 31. NYSE, the biggest operator of U.S. exchange, said its cash trading and listings net revenue dropped 12 percent over the same period. Hong Kong Trading hours are being extended in other parts of the world. Hong Kong Exchanges & Clearing Ltd., the worlds largest exchange company by market value, said it received regulatory approval to start after-hours trading on some equity-index futures and will begin the service on April 8.Hang Seng Index and H-shares Index futures will be available for trading from 5 p.m. to 11 p.m. from the date, in addition to regular hours, the bourse said in a statement yesterday. By stretching periods there is a
For Professional Investors Only – Parry Global Group (including Parry International Trading Limited or Parry Capital Management Limited) does not offer investment services to firms or investors who are not regarded as Professional Investors in Hong Kong or its equivalence elsewhere.
Parry Global Group includes Parry International Trading Limited which is licenced to provide trading services to professional investor in Hong Kong. Parry Capital Management Limited is licensed to provide asset management services. While licences have been obtained from the Securities and Futures Commission, Hong Kong (“SFC”) none of the information contained in this website is reviewed and approved for distribution by the SFC.
Professional Investors are expected to have appropriate trading experience and understanding of professional investments as defined under the applicable codes/guidelines/rules and regulations in Hong Kong or other jurisdictions, and a suitable risk profile to bear the risk of partial or total investment loss therefrom.
