PhillipCapital integrates with Iress to make international investing as easy as trading Australian shares

PhillipCapital Australia has announced an integration with Iress enabling Australian advisers to more easily trade global equities and ETFs.

PhillipCapital is one of Asia’s leading financial institutions with a global reach extending into Europe, North America and Australia, where it serves more than 1,000,000 clients worldwide.

The integration means that users of Iress software can execute global equities and ETFs across 14 exchanges via the PhillipCapital network. The solution allows clients to trade Australian and global equities from a single account and access adviser and client reporting.

John Miles, CEO of PhillipCapital Australia said that, until now global equities and ETF trading had been difficult and expensive for local firms to access.

“Our objective has been to create a ‘localised’ solution so that international trading is as easy as trading Australian shares. The solution had to look and feel local, be easy to access and administer both from a business and client perspective. We’re excited about what this means for the local market and how this will increase the ability of Australian businesses to trade overseas.”

Kirsty Gross, Managing Director – Financial Markets, Iress, said: “We’re pleased to partner with PhillipCapital on this integration. We know our clients are increasingly looking for broking arrangements which make it easy to trade globally, and this integration enables that.”

The integration is made available for clients of PhilipCapital using Iress’ software.