Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business
Invest Hong Kong (InvestHK) announced today (October 28) that leading global trading firm IMC Trading (IMC) has expanded its Hong Kong office located in Central and plans to grow its local team. IMC aims to strengthen its role in the local market, scale its regional footprint, and continue driving global trading innovation from Hong Kong.
The Director-General of Investment Promotion of InvestHK, Ms Alpha Lau, congratulated IMC on its expansion. She said, "IMC's expansion in Hong Kong demonstrates the city's appeal as a premier financial hub in the Asia Pacific. Hong Kong offers leading fintech firms like IMC access to a deep talent pool, proximity to major exchanges, and a supportive ecosystem for financial innovation. We look forward to seeing IMC thrive in the city and beyond."
"The city's unique combination of a sophisticated capital market, and its role as a 'super-connector' and 'super value-adder' to other Asia Pacific markets, makes it an ideal launchpad for companies to scale their operations," she added.
The Managing Director of IMC's Hong Kong office, Mr Andrew Fong, highlighted Hong Kong's strengths as a leading financial hub in Asia Pacific with access to top-tier quant, technology and trading talent; its proximity to key exchanges and regulatory bodies; and strong government support for financial innovation and talent attraction. "We see strong long-term prospects in expanding our trading strategies, as well as building new research capabilities in emerging areas like AI and machine learning. We are actively seeking researchers, traders and engineers to join our expanding Hong Kong office," he said.
IMC is a proprietary trading firm headquartered in Amsterdam, the Netherlands. With a global presence across Europe, the United States and the Asia Pacific, IMC provides liquidity in futures, options, equities and Exchange Traded Funds. Since establishing its Hong Kong office in 2006, IMC has become a key player on Hong Kong Exchanges and Clearing Limited and one of the top participants in the securities market. The firm leverages advanced quantitative research and AI to contribute to market liquidity and efficiency through its technology-driven strategies.
For more details about IMC, visit www.imc.com.
For a copy of the photo, visit: www.flickr.com/photos/investhk/albums/72177720329958508.
Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business Source: HKSAR Government Press Releases
Global trading firm IMC expands Hong Kong office to strengthen Asia Pacific business Source: HKSAR Government Press Releases
Employers, contractors and employees should be aware of electrical safety at work during rainstorms
As the rainstorm warning has been issued by the Hong Kong Observatory, the Labour Department (LD) reminds employers and contractors that they should adopt necessary work arrangements and take suitable safety measures to protect the safety of their employees when they are carrying out electrical work or handling electrical plant.
A spokesman for the LD said today (April 29) that employers and contractors should avoid assigning employees to carry out electrical work (such as electric arc welding work) or handle electrical plant at places affected by rainstorms, and should refer to the "Code of Practice in Times of Adverse Weather and 'Extreme Conditions'" and the "Guide on Safety at Work in times of Inclement Weather" issued by the LD.
Even if electrical work is carried out or electrical plant is handled at places not affected by a rainstorm, suitable safety measures must still be adopted to prevent an electric shock as the air would be more humid. Such measures include:
(i) Ensure that all live parts of an electrical installation are isolated from the power supply source and rendered dead, and the isolation from the power supply source must be maintained as long as electrical work is being carried out;
(ii) Before carrying out any electrical work or handling any electrical plant, cut off and lock out the power supply source, then test the circuit concerned to confirm that it is dead and display suitable warning notices, and issue a work permit thereafter;
(iii) Ensure that protective devices (such as suitable and adequate fuses and circuit breakers) for the electrical installations or electrical plant have been installed and maintained in good working order, and portable electric tools must be double-insulated or properly earthed;
(iv) Provide suitable personal protective equipment such as insulating gloves and insulating mats for employees; and
(v) If live electrical work is unavoidable, a comprehensive risk assessment should be conducted by a competent person and the appropriate safety precautions should be taken to remove or properly control the electrical hazards involved before such work can proceed.
In addition, employees should co-operate with the employer or contractor to follow the safety instructions and use the safety equipment provided.
The LD has published guidebooks and leaflets on electrical work safety. These safety publications are available free from divisional offices of the department or can be downloaded from its website (www.labour.gov.hk/eng/public/content2_8.htm).
Should there be any questions about occupational safety and health matters, please contact the Occupational Safety Officer of the LD at 2559 2297.
Source: AI-found images
