ADM Investor Services Forms ADMIS Hong Kong Limited
This formation will further increase our international customer base and business presence in the Asian marketplace which has a strong potential for future growth.
19/05/06 ADM Investor Services (ADMIS) through an affiliated company, ADMIS Holding Company, has formed ADMIS Hong Kong Limited through the acquisition of Refco Hong Kong Limited, a commodity brokerage firm that has a strong base of retail clients in Singapore, Hong Kong, China and Japan. Eric Wong, former Refco Hong Kong Managing Director, has been named Managing Director for this new company.
“ADMIS is pleased to announce the formation of ADMIS Hong Kong,” stated Richard Dodson, President-ADMIS. “This formation will further increase our international customer base and business presence in the Asian marketplace which has a strong potential for future growth.”
This new venture will remain in Hong Kong with a launch date of May 18, 2006.
ADM Investor Services is a Chicago-based full service Futures Commission Merchant with locations in the United States, United Kingdom (ADM Investor Services International) and Taiwan. ADMIS provides comprehensive services to retail, commercial and institutional customers around the world with more than $1.6 billion in combined global customer equity.
Both ADM Investor Services and ADMIS Holding Company are wholly-owned subsidiaries of Archer Daniels Midland Company (ADM).
