Premier League football club Newcastle United said on Friday that StormGain, a cryptocurrency trading company, would be its sleeve sponsor for next season.
A relatively new phenomenon for British football, sleeve sponsors were given the green light in 2017 and teams have had the additional branding on their kits since then.
Apart from having its logo plastered onto the shoulders of every Newcastle player, StormGain's sponsorship of the club will mean it can provide competitions to win match tickets, hospitality services and meet and greets with players.
"We are confident that this partnership will help us to expand our brand and activity in the most effective way, using the worldwide draw of the Premier League," said StormGain CEO Alex Althausen, a former executive at retail broker Libertex.
"We share many core values with Newcastle - effort, determination and the pursuit of success - and we could not have imagined a better partner to start such an exciting venture with."
Third deal in three months for WH Sports Group
The deal between Newcastle and Althausen's firm was brokered by WH Sports Group, a consultancy firm for companies looking to enter the sports sponsorship market.
This is the third deal that the company has brokered in the Retail Trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term market over the past couple of months.
In April, the group helped set up a sponsorship deal between RoboMarkets and BMW. That was followed up earlier this month with another deal between EuropeFX, a Cyprus-based broker, and the South Sydney Rabbitohs, a rugby team based in the Australian capital.
“Sports sponsorship continues to be one of the best ways to promote a brand to multiple markets, and deliver immediate impact," Charlie Meek, a commercial manager at WH Sports, told Finance Magnates.
"We felt Newcastle United would provide the ideal platform for StormGain to launch their crypto trading service and generate engaging content over the rest of the season.”
Premier League football club Newcastle United said on Friday that StormGain, a cryptocurrency trading company, would be its sleeve sponsor for next season.
A relatively new phenomenon for British football, sleeve sponsors were given the green light in 2017 and teams have had the additional branding on their kits since then.
Apart from having its logo plastered onto the shoulders of every Newcastle player, StormGain's sponsorship of the club will mean it can provide competitions to win match tickets, hospitality services and meet and greets with players.
"We are confident that this partnership will help us to expand our brand and activity in the most effective way, using the worldwide draw of the Premier League," said StormGain CEO Alex Althausen, a former executive at retail broker Libertex.
"We share many core values with Newcastle - effort, determination and the pursuit of success - and we could not have imagined a better partner to start such an exciting venture with."
Third deal in three months for WH Sports Group
The deal between Newcastle and Althausen's firm was brokered by WH Sports Group, a consultancy firm for companies looking to enter the sports sponsorship market.
This is the third deal that the company has brokered in the Retail Trading
Retail Trading
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail traders in every market ranging from commodities to stocks. The forex market is by far the largest and has the most retail traders. Retail foreign exchange trading is a small segment of the broader foreign exchange market where individuals speculate on the exchange rate between different currencies. In 2020 it is estimated that the forex market will exceed 7 billion dollars in daily activity. Retail Trading Sector Continues to GrowThe retail sector has developed with the advent of dedicated electronic trading platforms and the internet, which have allowed individuals to access the global currency markets. In 2016, it was reported that volume from retail foreign exchange trading represents 5.5% of the whole foreign exchange market or $385 million in daily trading turnover. Individual retail traders can access the same trades as central banks and online financial institutions. The retail forex trading industry is growing every day with the advent of trading platforms and their ease of accessibility on the internet.Retail traders rely on brokerage services who provide access to markets in the form of comprehensive trading platforms. The most common of these are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which offer trading to forex, stocks, contracts-for-difference (CFDs), and other assets.
Read this Term market over the past couple of months.
In April, the group helped set up a sponsorship deal between RoboMarkets and BMW. That was followed up earlier this month with another deal between EuropeFX, a Cyprus-based broker, and the South Sydney Rabbitohs, a rugby team based in the Australian capital.
“Sports sponsorship continues to be one of the best ways to promote a brand to multiple markets, and deliver immediate impact," Charlie Meek, a commercial manager at WH Sports, told Finance Magnates.
"We felt Newcastle United would provide the ideal platform for StormGain to launch their crypto trading service and generate engaging content over the rest of the season.”
