RBS launches instant trading in Asia

By Innovative Investor

08/03/2010

News


Royal Bank of Scotland has launched a business-to-business trading platform in Asia to enable institutional clients and wealth management intermediaries to execute instant trades on investments.


MyMarkets gives investors access to investments, including structured products, across all asset classes and aims to give them more control over what they do with their money. The platform was soft-launched a year ago and RBS is now rolling it out across Asia.


"We have come through a tough few years, and a lot of people now want to become more hands on with their own trading," said Kevin Chin, head of derivatives platform sales for Asia at RBS in Hong Kong.


He added that Asian investors are accepting of technological advances in the way they invest. "It has changed the way people invest because we are empowering them and they can get more involved in the investment process," said Chin. "It also helps to educate investors more, as there is now easier and greater access to information."


The platform cuts out the time lag that usually occurs between investors taking a market view, selecting an investment and receiving confirmation of the investment. It adds to the MarketDirect and MarketIndex trading platforms RBS is already operating in Europe.

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