Look forward to it. IB offering these markets will work around a lot of issues. P.S. Any plans to offer Stock Exchange of Thailand Index futures when they become vailable in April?.
Hi Mokwit Any updated thoughts on Asia brokers? I'm leaning toward Boom for HK, China, and Singapore investments. scalp
Boom has broadest coverage is not direct access and does not have seats - you input orders into their software and then they they just 'phone a correspondent broker. Phillip seems to offer the most electronic access, smallest minimum commission. KGI offers better coverage of Greater China i.e Taiwan, China B. Currency translation spreads are an issue you need to consider. Minimum Cmm and currency tranalation costs may make scalping non viable.
As the thread is over 3 years old I'll update that IB is now offering HK and Japanese stocks. One item that Mokwit touches upon is that we also offer FX with interbank spreads as FX conversion and rates are a factor to consider when trading these markets).
I would agree that IB is the best to go with if they cover your markets- you mentioned China and Singapore which IB does not cover. Advantage of IB is currency conversion policy, lower commissions and lower minimum commission allowing smaller position sizes to be viable, direct electronic access to all the markets they cover.
Appreciate the help... Not planning to scalp, at least initially. Just looking for some stock specific exposure to Asian mkts. Don't want to complain about IB, but had a bad experience there so they are not an option.