AUSIEX partners with Saxo to provide integrated international trading solution for advisers
Leading wholesale trading platform AUSIEX has partnered with online trading and investment specialist Saxo Australia to deliver an integrated international trading solution for financial advisers.
AUSIEX said today that the wide-ranging partnership will enable financial advisers to directly trade and own international equities and exchange traded funds (ETFs) across multiple markets and in multiple currencies.
AUSIEX Chief Executive Officer Patrick Salis said, “After an extensive search, we are delighted to announce we are collaborating with Saxo, a global leader in international trading solutions, to leverage their proven technology and domain expertise and jointly deliver a highly scalable, ‘best of breed’ international trading solution for advisers.”
Salis added, “Our aim is to complement and enhance our capabilities as a proven wholesale trading platform, and ensure it continues to be a leading solution for advisers, brokers and self-managed superannuation funds (SMSFs) by not only enabling advisers to trade international equities alongside domestic securities, but also benefit from integrated news and research, trading tools and reporting capabilities.
“This partnership will help Australian advisers better service investors, strengthen their client propositions, and improve practice efficiencies,” Salis concluded.
Saxo Australia CEO Adam Smith (pictured) said, “Saxo Australia is delighted to support AUSIEX’s expansion into international equities markets. Like AUSIEX, Saxo Australia is an Australian broker backed by a global financial powerhouse, and we anticipate this being the start of a long and fruitful partnership.”
Smith added, “It’s never been more important for investors to diversify their holdings across geographic regions and asset classes. Saxo Australia’s partnership with AUSIEX will enable financial advisers to do just that for their clients, using market-leading, user-friendly investment technology and infrastructure.”
AUSIEX supports more than 475,000 investors, more than 4,500 advisers from more than 850 advice firms, and four of Australia’s top 10 wealth platforms. It trades Australian equities on the ASX and Cboe exchanges and is the leading broker of ETFs for advisers and intermediaries in Australia. It also provides exchange traded options for risk management or income enhancement opportunities, as well as warrants, initial public offerings and capital raisings.
Saxo Australia is a wholly-owned subsidiary of Saxo Bank, an international award-winning investment firm for investors and traders who are serious about taking charge of their financial future. Saxo has operated in Australia since 2012 and is regulated by the Australian Securities and Investment Commission (ASIC). Saxo continues to invest heavily into its industry-leading technology, and its clients and partners enjoy broad access to global capital markets across asset classes. Saxo’s open banking technology also powers more than 300 financial institutions as partners by boosting the investment experience they can offer their clients.