How is the business progressing since you launched at the end of 2016?
We launched with a strong offering in terms of our team, our technology partners and our relationships with Top Tier Liquidity Providers. We are in a great position to service brokers, banks, hedge funds and market makers and have been able to attract new clients who are primarily looking for institutional solutions - be it liquidity, credit intermediation or technology.
What are your global growth plans?
We have started off with a focus on UK and European-based clients but in Q1 2017 will be rolling out into Asia. Having Wei Xu in our team as Operations Manager is a huge asset. He is a talented technologist and also a Chinese speaker, with extensive experience in business development in Asia.
We will be spending a significant amount of time in the region, meeting clients and prospects as there is a huge market opportunity for us – particularly from brokers and fund managers in Hong Kong, Singapore and other parts of Asia looking for direct access to top tier bank and non-bank liquidity, market leading technology solutions and robust connectivity. We can add value in all these areas.
What do you think the main area of focus will be in 2017?
I think we will see an increasing need for our clearing services and credit intermediation. Sophisticated clients (brokers and hedge funds in particular) will be looking for operational efficiencies in their business models to improve their margins and capital efficiency. There will be more demand for consolidation in the liquidity and clearing of products through a single counterparty – and Stater is well placed to assist with this.
For further information about Stater Global Markets, please visit: www.staterglobalmarkets.com