Post by account_disabled on Jan 1, 2024 4:47:43 GMT
Mr. Natthaphong Hiranyasiri, Chief Executive Officer of MTS Gold Future Company Limited or MTS GOLD Mae Thongsuk, revealed that the company has expanded its business into Shanghai Gold Exchange (SGE) by having the right to access and trade products with the SGE market and having the correct license (License) for both Physical and Trading products with members in more than 110 countries around the world. The SGE market is one of the world's largest gold trading centers. that has been established by The People's Bank of China has provided gold trading and other services since 2002 until the present. It is considered to be one of the most popular large-scale gold trading markets in the world. It is expected that this business expansion will allow the company to earn income from gold trading volumes to increase by approximately 30% due to the increased demand for gold in that market.
“The MTS GOLD group of companies has expanded the gold trading market to a Email Data more international level in Asia, to Hong Kong, Singapore, and in 2018, the company also received the right to be the first gold broker in Thailand. To access the COMEX gold market managed by CME Group and in 2019, expanded the business to cover more of the gold trading market. By receiving the right to trade products correctly and has a license in the Shanghai gold market And it is considered that the company has taken another important step in the One Belt One Road policy with the Chinese authorities or is a connection to the Thai gold market to the Golden Silk Road,” Mr. Natthaphong said. The company believes that this business expansion It will allow the company to grow more. From the large trading volume with the gold market It may be compared that trading in one day in China is equivalent to trading in the Thai gold market for an entire year.
It can be seen that developed economies like China or India will have a large gold market that is like the backbone of the nation. In addition, it will help expand the Thai economy by exporting more gold to China. from this collaboration.” For having the right to be a gold broker to trade products with the SGE market, the company can import and export gold, make gold jewelry (Jewelry) and provide a complete gold trading service (Trading). In addition to expanding the business and the market to support more international gold products. It is also an extension to increase opportunities. and channels for trading other commodities in the Chinese market, such as silver, rubber, copper, and oil, etc. “With the investment experience of the MTS GOLD group of companies, it can be called a group of companies with expertise. and has a full range of gold and derivative investment products ready to provide trading services Equipped with modern tools or innovations Responding to investment needs in the world of the 4.0 era, connecting Thai investors to the world's largest gold market, the COMEX gold market of CME Group, and being able to complement Physical Gold, the Shanghai gold market. To allow Thai investors to step into the world's leading gold trading market,” Mr. Natthaphong said.
“The MTS GOLD group of companies has expanded the gold trading market to a Email Data more international level in Asia, to Hong Kong, Singapore, and in 2018, the company also received the right to be the first gold broker in Thailand. To access the COMEX gold market managed by CME Group and in 2019, expanded the business to cover more of the gold trading market. By receiving the right to trade products correctly and has a license in the Shanghai gold market And it is considered that the company has taken another important step in the One Belt One Road policy with the Chinese authorities or is a connection to the Thai gold market to the Golden Silk Road,” Mr. Natthaphong said. The company believes that this business expansion It will allow the company to grow more. From the large trading volume with the gold market It may be compared that trading in one day in China is equivalent to trading in the Thai gold market for an entire year.
It can be seen that developed economies like China or India will have a large gold market that is like the backbone of the nation. In addition, it will help expand the Thai economy by exporting more gold to China. from this collaboration.” For having the right to be a gold broker to trade products with the SGE market, the company can import and export gold, make gold jewelry (Jewelry) and provide a complete gold trading service (Trading). In addition to expanding the business and the market to support more international gold products. It is also an extension to increase opportunities. and channels for trading other commodities in the Chinese market, such as silver, rubber, copper, and oil, etc. “With the investment experience of the MTS GOLD group of companies, it can be called a group of companies with expertise. and has a full range of gold and derivative investment products ready to provide trading services Equipped with modern tools or innovations Responding to investment needs in the world of the 4.0 era, connecting Thai investors to the world's largest gold market, the COMEX gold market of CME Group, and being able to complement Physical Gold, the Shanghai gold market. To allow Thai investors to step into the world's leading gold trading market,” Mr. Natthaphong said.