TOP Financial Group Limited announced plans to launch Contract for Difference (CFD) products and services during fiscal year 2025. This initiative is expected to generate new revenues from commissions, bid-offer spreads, and interest rate differences. The company plans multi-pronged marketing efforts for these new CFD services, including online advertising and industry exhibitions.
Beyond CFD offerings, TOP Financial Group is actively establishing a range of new services in Hong Kong and other jurisdictions. These include trust services, investor relations and marketing services, corporate and fund consultancy, and personalized asset management services. These additions aim to broaden the company's appeal and create new revenue streams.
These strategic expansions are designed to cater to the evolving needs of its client base and mitigate macroeconomic risks. The company anticipates an increase in operating costs and expenses with the rollout of these new products and services, but expects a larger trading volume across diversified offerings to compensate for potential future pressure on commission rates.
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