The Business of Trade Transfer Services
What we do is to facilitate financial transactions and clearing mechanisms that make a particular trade transaction (stock purchase) or commercial trade (import-export), in general, happen in a seamless manner for our customers.
Clearing and Settlement is central to our goal of providing efficiency in each and every transaction for which we are responsible; be it Securities (stock) Settlements, Export-Import Clearance or Vendor Payments.
As Facilitators and Transaction Intermediaries, Trade Transfer Services Inc provides the verification and compliance monitoring necessary to give customers comfort in knowing that their Directed Settlement Payments will be made with the assurance that all contingencies have been foreseen, fiduciary obligations professionally handled and the transaction trail is verified and thoroughly accounted for.
Trade Transfer Services Inc was formed as an International Paying Agent.
Acting as a Paying Agent, for Import-Export business and Vendor invoices is a major business focus in addition to the business of Payments for Securities Purchase. For all of these transactions, we have implemented the latest in payment technologies.
Commodities and raw material transactions, industrial manufacturing vendor payments and made-to-order exports settlements are also arranged on behalf of our clients. We operate primarily in the in the ASEAN region as well as India and China and derive the majority of our business on a fee consulting bases as well as bid / ask pricing spreads, in some cases.
All transactions are client directed as Delivery verses Payment (DVP) transactions.
As a Payment or Paying Agent, we will be involved in a wide variety of client payment representations and facilitations which may involve trust service directed client payments. We arrange for all of the attending contracting, legal, and licensing as well as inspection services that facilitate our client's needs in accomplishing their business transaction, settlement and transfer goals.
In essence, we are, in most cases, a Value Added Re-seller (VAR) in managing Trade Transfer Services.
We foresee much business to come out of China as China loosens-up is capital restrictions on Yuan RMB payments and Mainland China investments going to the West.
news
Shanghai OKs 5 Investors for Yuan Private Equity Program
From WSJ on May 10, 2011
SHANGHAI (Dow Jones)–The Shanghai government has approved five private equity firms for a pilot program that would allow foreign investors to convert a pre-approved amount of dollars to local currency to make domestic investments, people familiar with the plans said.
Three of the firms that received approval were the Blackstone Group L.P.(BX), Carlyle Group L.P. and DT Capital Partners, said one of the people tracking developments in the program, known as the Qualified Foreign Limited Partner, or QFLP, scheme.
The names of the other two firms weren't immediately available.
While foreign private equity firms have been able to set up yuan funds by raising capital from local investors, the QFLP program put in place by the Shanghai government in January allows foreign private equity firms to launch onshore Yuan funds using foreign capital.
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Custody, Clearing and Settlement Asia 2011
16 - 17 March, 2011, Novotel Century, Hong Kong
Supporting Asia's growing securities industry through effective custody, clearing and settlement process, the Custody, Clearing & Settlement Asia conference will address new developments, key issues and best practices in Asia's post-trade transactions, discussed by leading experts in the custody and securities services industry.
This conference will bring together custodians, fund managers, broker-dealers, Central Securities Depositories (CSDs) and stock exchanges to address the key issues in pre and post-trade transaction and its implications for the various players in the market.
Key topics that will be discussed include the clearing and settlement landscape for high frequency trading (HFT), OTC derivatives clearing, Renminbi settlement and common bond-settlement platform. In addition, always important topics will also be addressed including managing changes in regulatory framework and the implications of asset allocation trends for custody, clearing and settlement.
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Singapore Exchange Sees Expansion of OTC Derivatives Clearing Within Asia
By Nina Mehta - Mar 17, 2011 3:17 AM GMT+0700
Singapore Exchange Ltd. (SGX) plans to become the "multi-asset-class clearing hub" for over-the-counter derivatives in Asia, according to co-President Muthukrishnan Ramaswami.
The operator of the city's securities market began clearing standardized interest rate swaps in Singapore dollars four months ago. It expects to add interest rate swaps in U.S. dollars, British pounds, euros and yen, Ramaswami said in a March 15 interview at a Futures Industry Association conference in Boca Raton, Florida.
"There's natural interest for an Asian-time-zone clearinghouse," Chief Executive Officer Magnus Bocker said March 15 at the conference. SGX opened the first Asian clearinghouse to handle over-the-counter derivatives. Bocker said he expects as many as three more to emerge in the region. "Clients want to have a clearinghouse that is not too concentrated," he said.
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