Asia expansion continues for Europe's leading Forex brokerage firms.
Geneva-based Dukascopy Bank has (also) reported the opening of an office in Hong Kong, its first office outside Europe, as the march to target Asia-based clients continues for some of Europe's leading Forex firms.
The news release from Dukascopy came on the same day that MIG BANK made a similar announcement about the opening of its Hong Kong office. (We believe that the timing was purely coincidence). Dukascopy and MIG BANK are two of only three Swiss-based online Forex brokerage firms (the other being Swissquote), and each seems to have a strategy of leveraging their cache of being licensed Swiss banks in attracting clients worldwide.
For more on the global FX market see the LeapRate Dow Jones Forex Industry Report.