Asian Futures Trading Group Announces
Details of Business Standards Committee
Asian
Futures Trading Group, today announced additional information on the Business
Standards Committee. (www.asian-ftg.com)
The Annual
Meeting of Shareholders, Asian Futures Trading Group was the starting point of
the Business Standards Committee. The Business Standards Committee will
undertake a review of our business standards and make recommendations to the
Board of Directors and senior management to reinforce the firm’s client focus
and improve upon the transparency of our activities.
“We recognize that there is misunderstanding between how we view the firm and how the broader public perceives our roles and activities,” said Qiu Song, Compliance Manager of Asian Futures Trading Group. “This initiative is consistent with our obligation to ensure that our standards across our business activities are of the highest quality and represent the benchmark for our industry globally.”
The Business
Standards Committee will establish working groups to focus on the following
five areas:
·
Customer development. This group will re-examine and
clarify the responsibilities we have to our clients and the different roles we
may play to accomplish our clients’ objectives.
·
Investment products. This group will consider how to
address various issues surrounding complex products, including the suitability
of products for different types of clients.
·
Business Ethics. The focus of this group will be on
how best to strengthen our professional ethics and clear and effective
communication.
The Business
Standards Committee will actively seek input from external constituencies and
experts, including clients, shareholders, regulators, academics and public
policy groups. A series of discussions and meetings will be held with these
groups so the Committee hears and benefits from independent views, advice and
judgment. These interactions will represent a core component of the Committee’s
work.
About Asian Futures Trading Group
Asian FTG is
an independent commodities and futures advisory firm located in Hong Kong.
Asian Futures Trading Group offers the latest in order entry technology coupled
with 24-hour execution and clearing on exchanges worldwide. Clearing more than
100,000 client accounts, the firm provides a full range of services to the
industry’s largest global network of introducing brokers (IBs) and to
commercial, institutional, international and individual clients. These include
more than 200 IBs and many of the world's largest financial, industrial and
agricultural institutions. We do not engage in proprietary trading; all of our
business focuses on our valued clients.
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