Japanese Market

[mokwit]

Quote from def:

FWIW, we are looking into offering a number of the equity markets next year. I don't have any target dates yet but hopefully we'll move forward quickly with HK, Japan and Australia.

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?.

 

[scalp100]

Quote from mokwit:

Japan can be accessed through Boom securities in HK but no leverage and 100% markup on commissions I think. One of the Japanese web brokers I think has something in English - they are called Monep or Monex or something like that.


I think US traders will find basic platforms and absence of scanners etc a bit too much to bear. Non Japan Asia can be accessed via Kim Eng, DBS Vickers, Phillip etc. Charting of some markets via Nextview or Quotepower. I tend to use futures for Asian markets other than Thailand (which I know well) because of obstacles alluded to above.

Hi Mokwit

Any updated thoughts on Asia brokers? I'm leaning toward Boom for HK, China, and Singapore investments.

scalp

 

[mokwit]

Quote from scalp100:

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.

 

[def]

Quote from scalp100:

Hi Mokwit

Any updated thoughts on Asia brokers? I'm leaning toward Boom for HK, China, and Singapore investments.

scalp

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).

 

[mokwit]

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.

 

[scalp100]

Quote from mokwit:

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.