PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Newedge Group | Société Générale

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

CITIC Newedge Wins Three Awards from SHFE - CITIC Newedge Futures Co. Ltd., received the Trading Excellence Award, Service Enterprise Excellence Award, and the Gold Trading Excellence Award from the Shanghai Futures Exchange on January 29th
CITIC Newedge Wins Three Awards from SHFE

 

NewswireToday - /newswire/ - Shanghai, China, 2010/02/26 - CITIC Newedge Futures Co. Ltd., received the Trading Excellence Award, Service Enterprise Excellence Award, and the Gold Trading Excellence Award from the Shanghai Futures Exchange on January 29th.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

CITIC Newedge Futures Co. Ltd., a joint venture between CITIC Group and Newedge Group, received the Trading Excellence Award, Service Enterprise Excellence Award, and the Gold Trading Excellence Award from the Shanghai Futures Exchange on January 29th, 2010.

The criteria for the annual awards included trading volume, compliance management, risk management and the depth and scale of service on the national economy.

"2008 was a year of organizational change and strategy building, and last year we experienced a period of strong growth. With the continued development of the financial industry, CITIC Newedge is well positioned to further develop as a leading futures brokerage" said Zhao Lei, Chairman, CITIC Newedge.

"We have spent a lot of time and resources with our good partner in China by investing in our joint venture and establishing strong operations and risk systems. Our strong results clearly reflect the hard work of our JV staff" said Dean Owen, Chief China Representative for Newedge and Senior Advisor for the CITIC Newedge joint venture.

As part of the event recognizing the 2009 award winners, Yang Mai Jun, the General Manager of the Shanghai Futures Exchange, detailed the success of the Chinese futures markets against the challenging backdrop of the global financial crisis, noting that the Chinese commodity futures market volume is the largest in the world. According to the SHFE, the Chinese futures market achieved a volume of 2.16 billion traded lots with a notional trading value of 130.5 trillion yuan, an increase of 58% and 81% respectively over 2008.

In order to adapt to the increasing business, CITIC Newedge is planning to expand on its 60 current staff with the addition of 20 new staff in the next quarter. "Our joint venture volumes were up 284% last year, clearly demonstrating the strengths and expertise gained from the best practices employed at our shareholders," said Owen.

CITIC Newedge, initially established as CITIC Calyon Futures in 2008 under the Closer Economic Partnership Arrangement (CEPA), became the first futures brokerage in Shanghai and the second futures brokerage in China that was jointly owned by a Chinese firm and a Hong Kong brokerage firm. Citic Newedge is among the 210 members of the Shanghai Futures Exchange and engages in brokerage of all domestic listed futures which currently includes commodities markets and will include equity index futures when China launches the CSI 300 Index Futures shortly.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Brokerage/Trading Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Newedge Group | Société Générale

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Brokerage/Trading articles,
CATCH Visitors via Your Competitors Announcements!


CITIC Newedge Wins Three Awards from SHFE

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: NewedgeGroup.com 
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Newedge Group | Société Générale securities in any jurisdiction including any other companies listed or named in this release.

Brokerage/Trading via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Newedge Group | Société Générale / Company Profile


Read Brokerage/Trading Most Recent Related Newswires:

SRMEX's Vice Chairman Eikichi Hirano About the Gradual Expansion of Capital Market
Xtrade Wins Best Broker in the Middle East Award
Russian Foreign Trade Reports on Russian Trade with North American Countries Q1 2016
DarkMaindFX Introduces the Beta Version of its Economic Indicator Services
Hermes International Expo to Celebrate 25th Anniversary in Delaware County
GoldSilver Central Approved As Singapore Bullion Market Association Member
OANDA Acquires Tradestation Forex Accounts
[TYPO FOUND BY SYSTEM] Beeline Broking Ltd Launches 'Tailor Made Brokerage Plan'
Signals365.com Announces Key Features - Makes it the Best Binary Options Signals Service
Binary Options Signals from Signals365.com Helps Traders to Get Higher Win-Rate
/RC/ Van Ecker Couder Associates Announce Expansion Program
/RC/ Voth Nixon Group Bolsters Deferred Income Annuity
Grant Becker Associates Chalks Up Another Successful Year of CSR Activities
Evanson Asset Management Dividend Stocks to Safeguard An All-weather Portfolio
AKFinancials Announces its 2015 Forex Course Schedule

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)