In the second half of 2007 GenesisConsultants achieved the landmark distinction of becoming the first foreign firm to sign an agreement with a Chinese bank to co-operate on the design, implementation and launch of a retail margined FX trading product in the Peoples Republic of China.

As a result of the collaboration with GenesisConsultants our client successfully launched their product in early 2008. After its deployment our client captured a significant market share and added sizable revenues to its bottom line.

Whilst many foreign brokers have been targeting the Chinese market for several years with white label products and boxed solutions, to date GenesisConsultants remains the only foreign firm to have successfully assisted any Chinese bank in getting to market with such a product.