SHENZHEN, China, Jan. 10, 2018 (GLOBE NEWSWIRE) -- Huatai Futures Co., Ltd. (Huatai Futures) including Huatai Financial USA, Inc. (Huatai USA) has named Leo Melamed as a Senior Advisor and retained Melamed & Associates, Inc. (M&A) to help establish a globally recognized presence within the exchange-traded futures and derivatives industry. Huatai is grateful to have the opportunity to leverage Mr. Melamed’s extensive experience as China’s futures markets open and Chinese investors look to trade futures markets abroad.
June Zuo, president of Huatai USA, said, “Leo is a legend in the futures industry. His efforts played a significant role in advancing derivatives markets and revolutionizing the world economy. He is an American pioneer in China’s derivatives markets, having positively contributed to the current structure and growth since the 1980’s. Leo Melamed and Huatai are both widely recognized and highly respected names in China. The partnership will help strengthen the Huatai brand internationally and solidify its standing in China’s financial community. As a former CME employee, I am honored to work with Leo.”
Mr. Melamed stated, “It is my pleasure to become an advisor to Huatai USA. I personally know the Huatai executives and hold them in high regard. I look forward to growing Huatai’s futures business in both the U.S. and Asia.”
Huatai Futures, as a full clearing member of all four major futures exchanges in China, is optimistic regulators will increasingly permit international access to domestic markets starting with the INE crude oil contract expected to be launched in the near future. Huatai USA will provide clearing and execution services for Chinese products to clients in the U.S. and other western countries.
About Huatai Futures Co., Ltd.
Huatai Futures Co., Ltd. (Huatai Futures) headquartered in Guangzhou City and founded in 1994 by Huatai Securities (601688.SH, 6886.HK) was one of the first futures companies established in China. Huatai Futures is a member of the Board of Directors of the China Futures Association, China Financial Futures Exchange and is a member of the Shanghai International Energy Exchange, Shanghai Futures Exchange, Zhengzhou Commodity Exchange, and Dalian Commodity Exchange. Huatai Futures has 5 branches, 36 sales offices, and a network of 270 introducing brokers within Huatai Securities located throughout China. Subsidiaries include, Huatai Great Wall Investment Management Co., Ltd., Huatai Great Wall International Trade Co., Ltd., Huatai (Hong Kong) Futures Ltd., and Huatai Financial USA, Inc.
www.htfc.com
About Huatai Financial USA, Inc.
Huatai Financial USA, Inc. (Huatai USA) headquartered in Chicago was formed in 2015 as an affiliate of Huatai Futures Co., Ltd. Huatai USA has been approved by the Chinese Securities Regulatory Commission (CSRC) to offer derivatives brokerage services in the US, is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC), and is a member of the National Futures Association (NFA).
www.huataiusa.com
About Melamed & Associates, Inc.
Melamed & Associates, Inc. (M&A) was organized in 1993 by its Chairman and CEO Leo Melamed. M&A provides expert consulting services and assistance in the field of capital markets and corporate finance, including futures and financial derivatives. Based in Chicago, the capital for risk management, M&A is in a pivotal position to provide expert assistance in areas spanning from risk management to market information and intelligence.
www.melamedassoc.com
FUTURES TRADING ENTAILS SIGNIFICANT RISK OF LOSS WHICH SHOULD BE UNDERSTOOD PRIOR TO TRADING AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE CONSIDER WHETHER TRADING IS SUITABLE FOR YOU. THIS IS NOT A SOLICITATION TO BUY OR SELL FUTURES PRODUCTS BY HUATAI FINANCIAL USA INC.