Additionally, CFETS, which is the interbank trading and foreign exchange division of China's central bank, has recognized two BMO Capital Markets employees as "Excellent Traders of 2007." Regine Ou and Bofeng Jiang based in BMO's Guangzhou office are among a total of 11 traders from 10 banks to receive the special award.
"These are fantastic achievements and a testament to our growing capabilities in China as well as our excellence in foreign exchange," said Jamie Thorsen, Global Head of Foreign Exchange Products & China Capital Markets for BMO Capital Markets. "As the Guangzhou market continues to evolve into a more competitive arena, BMO is well positioned to continue providing high quality services and execution."
Guangzhou is the capital city of Guangdong Province in the southern part of the People's Republic of China with a population of about 6.2 million people. It is a famous historical and cultural city and considered one of the most important centers of foreign commerce in South China.
Founded in 1994, CFETS is the first national foreign exchange trading system in China. It is a non-profit public institution with independent accounts under the head office of the People's Bank of China. Serving as an inter-bank foreign exchange market, CFETS adopts a membership system, providing services in foreign exchange trading and financial products for Chinese enterprises, joint ventures and foreign-funded firms in China. -- www.cnxmarketlink.com
