Finansia Syrus Securities to develop trading hub for Indochina investors
Local insight, a robust product portfolio and successful collaborations with top brokers in the region have made Finansia Syrus Securities one of Thailand's leading stockbrokerage companies.
Local insight, a robust product portfolio and successful collaborations with top brokers in the region have made Finansia Syrus Securities one of Thailand's leading stockbrokerage companies.
"As one of the largest retail brokers in the country, we have an in-depth understanding of what is happening here. We are on the ground," says Chuangchai Nawongs, CEO and president.
Catering to high-net-worth individuals and institutional investors, Finansia Syrus offers investment advisory, securities trading, derivatives, mutual funds and investment banking. The company boasts the best service in securities borrowing and lending. Leveraging its large customer base, clients can easily access shares they are borrowing.
"We provide with efficiency the services our clients seek to manage their wealth," Chuangchai says. "Being independent gives us the flexibility to adapt to clients' rapidly changing needs. We are not encumbered as a subsidiary of a banking group. Finansia Syrus has over 900 employees with 40 branches across the country. It ranked second in equity trading last year and the first half of this year."
By using various platforms, the company ensures trading efficiency. Its electronic trading allows foreign investors to participate directly in the Stock Exchange of Thailand.
In co-operation with OCBC Securities, Finansia Syrus has also developed Global Trading Platform, which allows local investors to trade in 14 exchanges globally. Finansia Syrus is also a member of the Asean Trading Link, which went live in September last year. Initially incorporating Malaysia, Thailand and Singapore, the platform reduces cross-border barriers and trading costs involved in tapping into the more than US$2 trillion combined market capitalisation of Asean bourses.
"We want to establish a trading hub for Indochina so foreign investors can trade through us in countries like Vietnam, Cambodia, Laos and, in the future, Myanmar," Chuangchai says. "We want to do in Indochina what brokers did in Singapore 15 years ago, using the country then as a trading base for Asean."
Finansia Syrus is also the leader in investment banking activities in Thailand. It acted as lead underwriter for five issuers out of 11 initial public offerings launched in the country last year.
Finansia Syrus welcomes client-focused partners with excellent platforms and research capabilities to further strengthen its entry into investment banking. This covers mergers and acquisitions, underwriting and wealth management.
www.fnsyrus.com
