Edward Lee’s CTS Global reports progress in its business plan

Edward Lee’s listed global proprietary trading firm CTS Global Equity Group Inc. has made significant strides in its business plans since going public last April.

In a report to the Philippine Stock Exchange, CTS Global said it has rolled out an upgrading program which increases individual traders’ portfolio sizes based on performance and capacity.

“The company takes importance in maximizing its traders’ capacity coupled with prudent risk management,” it said.

Caylum Trading Institute, CTS Global’s affiliate company, also held a recruitment program last August after halting its physical programs from the COVID-19 pandemic.

“This is expected to bring in trader headcount as targeted by the company,” CTS Global said.

Caylum has been CTS Global’s main source of recruitment.

CTS Global likewise accepted 24 university students in its hybrid internship program this year.

The program serves as one of the company’s initiatives to recruit talent from the country’s top universities, both from Metro Manila and the provinces.

The company’s clients accounts management business is currently being developed and is targeted to be ready by next year.

CTS Global last July also started deploying in the Indonesia markets to capitalize on its attractive opportunities.

The move is a strategic step towards the company’s longer term target of increasing the revenue share from its global trading operation to 75 percent by 2025.

CTS Global raised P1.375 billion from its initial public offering (IPO) in April last year.

Apart from scaling global trading operations, a portion of the IPO proceeds was allocated to Indonesia, a commodity-driven economy, and to government securities to capitalize on the rising rates.

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