HKMEx Adds G. H. Financials Limited As Newest Clearing Member

The Hong Kong Mercantile Exchange (“HKMEx”), China’s international commodity marketplace, announced the addition of GHF Group as the Exchange’s newest clearing member, marking the fifth addition to HKMEx membership since the Exchange launched earlier this year.

GHF Group, an international trading and clearing firm with offices around the world, provides clearing and settlement services to professional traders, proprietary groups and financial institutions, as well as brokerage and execution services to clients in the derivatives industry.

Its approval as HKMEx’s clearing member will allow GHF Group access to HKMEx’s electronic platform for trading commodities within the Asia Pacific time zone in a transparent, liquid and cleared environment. As a clearing member, GHF Group will also be able to clear transactions conducted by other members.

“At GHF, we pride ourselves in being able to spot opportunities ahead of the market. HKMEx’s combination of innovative and Asian-tailored products – such as its gold and silver futures contracts – as well as its strategic role in bridging the Chinese and international commodity markets, make them an ideal partner for us as we continue to build relationships around the globe,” said Gedon Hertshten, Chairman of GHF Group.

Barry Cheung, Chairman of HKMEx, said: “We are very pleased to have GHF join our fast-growing Exchange as we continue to build on our strengths and forge ahead to become the international marketplace for commodities trading in China.”

G. H. Financials Limited joins HKMEx’s three existing clearing members Interactive Brokers (UK) Ltd, MF Global UK Ltd, and Morgan Stanley & Co International Plc. The exchange also has 19 broking members including BOCI Securities Ltd, Bright Smart Futures and Commodities Co. Ltd, Celestial Commodities Ltd, CES Capital International Co. Ltd, Chief Commodities Ltd, GF Futures (Hong Kong) Co., Limited, Haitong International Futures Limited ICBC International Futures Ltd, Interactive Brokers LLC, Jinrui Futures (Hong Kong) Limited, KGI Futures (Hong Kong) Ltd, MF Global Hong Kong Ltd, Morgan Stanley Hong Kong Securities Ltd, Nanhua Futures (Hong Kong) Co., Limited, OSK Futures Hong Kong Ltd, Phillip Commodities (HK) Ltd, Tanrich Futures Ltd, TG Securities Ltd, and Wing Fung Futures Limited.