Business expansion will provide sales, technical support and training centre for the Chinese market.
Pepperstone, one of the fastest growing online foreign exchange (“FOREX”, “FX”) brokers worldwide, announced that it has expanded further into Asia with the opening of a representative office in Shanghai, China.
The new branch cements Pepperstone’s growing footprint across China – the world’s second largest economy. Pepperstone has an established geo-expansion program in China in place to expand its operations in emerging high growth regions. The company is currently identifying new untapped markets in second and third tier cities in the country, distinguishing itself as a first-mover and securing competitive advantage over other international players.
“The office will support existing Mandarin and Cantonese speaking clients whilst also further expanding our client base in China.” said Daniel Poon, Managing Director of the China Office, “With already an immense number of Chinese clients trading with Pepperstone the demand for dedicated support for this client segment was well overdue.“
“As Australia’s largest margin FX broker expanding further into Asia seemed a natural progression” Pepperstone’s CEO Owen Kerr said, “We look forward to many years of service and success with our valued clients and partners in the People’s Republic of China.”
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