Als ze maar van de weekend school afblijvenHeard it through the grapevine, wasn’t able to double check the rumor. Don’t take it as a hard confirmed fact just yet, but the following story has been buzzing around.  It’s short:

IMC has shut down their Hong Kong office. Everybody is fired. Operations move to Sydney.

Would fit nicely in their bold tradition of axing staff. At least I hope the IMC weekend school in Hong Kong is untouched.

To be continued.

Update 1:  Confirmed. The offices in Sydney and Hong Kong will be merged into the Sydney office.  The Hong Kong activities will be carried on from there.  A number of HK people will be employed in Sydney.

Update 2: IMC has a commitment for continuation of the Hong Kong Sundayschool. Former IMC employee, Tom Voute and his company Algorithmic Trading Group have already expressed an interest in helping out.


IG Markets