Stockmartnet launches bureau service for online trading

Hong Kong broker consortium links up with IBM to provide small and medium brokers access to infrastructure and hosting services.

Stockmartnet Holdings, a group founded by 10 Hong Kong brokers that counts a further 164 brokers as members, has signed a technology infrastructure and web hosting deal with IBM. The platform will provide subscribers with the necessary resources to offer efficient real time stock trading through a direct connection to the Stock Exchange of Hong Kong. 

Through the IBM partnership, Stockmartnet will be able to offer its members and other subscribers network connectivity, hardware, system integration and hosting services, and training for brokers.

Stockmartnet was formed last year with the aim of helping its member brokers move into the electronic age without the prohibitive cost of major infrastructure investments. Through bringing together...

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