Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

FEATURE INTERVIEW WITH MICHAEL CHAI, CEO OF BLACKWELL GLOBAL

Global Banking & Finance Review find out more about Blackwell Global, trading in Nigeria and the year ahead.

Blackwell Global already have a strong presence in Auckland, Limassol and London, which other countries are you moving into?

Apart from Auckland, Limassol and London, we also have a strong presence in Shanghai, but China is a huge market and potentially there’s so much more we can do there. So far, 2014 has been an exciting year as we’ve expanded into Nigeria, Australia and Vietnam.

FEATURE INTERVIEW WITH MICHAEL CHAI, CEO OF BLACKWELL GLOBAL 1Nigeria is undergoing a profound transformation in the forex market with a lot of untapped potential. The people there are extremely enthusiastic about learning how to trade, so at the moment, it is exciting for my team to be working with them for various initiatives, There is encouraging expansion of our IB networks across the different states and this may potentially lead to another office opening in the near future.

Going forward, Southeast Asia is a region we have always been extremely keen to explore as there is an interesting mix of robust mature and emerging markets. We have a representative office in Singapore, Southeast Asia’s leading financial hub, as a proficient gateway to the region, with Vietnam leading the way for further expansion into this region.

How are you going about moving into new global market areas and which ways are you incorporating to educate new clients into FX and CFD trading?

Michael Chai, CEO of Blackwell Global
Michael Chai, CEO of Blackwell Global

We pride our business model on building and treasuring relationships, placing a strong emphasis on cultural awareness. Different regions require different strategies but in general, we go through great lengths to hire engaging native Country Managers. We also send our representatives over to spend time to understand the nuances of cross-cultural interaction.

Depending on the culture and the country, we hold various types of training, seminars and workshops. Our Research team in New Zealand delivers regular market outlooks, currency picks and educational material. This is available on our website – http://www.blackwelltrader.com/blackwell-research.asp. All of these initiatives help new clients of various expertise navigate their way into the trading realm.
With your expansion into Lagos, what are the problems you foresee in such a volatile market and what are the benefits Blackwell Global can bring to traders?

Circumventing the onslaught of scams and unreliable services in Nigeria, Blackwell Global offers the assurance that traders are looking for in a brokerage – transparency, training and education, local presence, customer service as well as the convenience and safety of local deposits.

Internet outages are rather frequent in Nigeria. As another way to sidestep this issue, our Lagos office operates with an open-door policy, providing a fully-equipped trading room with fast broadband speeds. We also offer free VPS to our Nigerian clients which provides a secure trading environment with minimal slippage anytime and anywhere. To top that off, we regularly run trading workshops and seminars to forge an ongoing learning community, which is much valued in this region. In this manner, we hope to empower them towards their own financial success.

Does Blackwell Global have any new technical services you are bringing in over 2014?

We’ll be launching Blackwell Trader Pro, our new institutional platform, giving hedge funds, family offices and multi-asset companies an advantage by being able to clear huge volumes at ease with very favourable pricings. This award-winning platform bridges institutional traders to liquidity providers, opening access to highly competitive spreads with precise execution while providing market depth with known counter parties. There is a slew of other benefits as well, from managing multiple order types on a wide rage of currency pairs to customising user interface for greater ease of use.

 Some other plans in place due to launch towards the end of the year are trading signals, EAs and managed accounts.

What future strategic advances if any are you looking to achieve in the future?

There are certainly a few markets we are eyeing that many consider exotic, and are seldom ventured into, but we will be balancing this out with stable markets that we have yet to announce. This year, we are looking into greater Africa and also expanding our reach to central Asia.