Global financial technology and social trading group ayondo Ltd and Huanying International Limited (“Huanying”) have informed that they are establishing a collaboration through a white label agreement to grow trading opportunities for Huanying’s clients in Asia, and in particular, China (the “Collaboration”).
It is envisaged that under the Collaboration, ayondo and Huanying will partner to provide a full suite of products including equities, indices, forex, commodities to Huanying’s client base through ayondo’s CFD TradeHub platform. In addition, ayondo will also provide Huanying with execution and risk management services under the Collaboration.
Terry Yu, Managing Director of Huanying, said:
We look forward to our partnership with ayondo to expand the suite of services we offer our clients within Asia.
Robert Lempka, Executive Director and CEO and co-founder of ayondo, added:
As part of ayondo’s China growth strategy, we are very excited at the opportunity to work with Huanying to provide a wide range of products to their clients. Huanying is a great partner for us to extend ayondo’s footprint in this important growth region of Asia.