EuropeFX to Sponsor South Sydney Rabbitohs
- The deal is one of a countless number of agreements between FX brokers and sports teams
Finance Magnates learned on Wednesday that EuropeFX is sponsoring the South Sydney Rabbitohs, a rugby team based in the Australian capital. The deal was brokered by sports consultancy and sponsorship firm WH Sports.
The agreement will see the Cyprus-based foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term broker acting as a partner to the Rabbitohs during the upcoming 2019/2020 season.
“We are proud to announce that the South Sydney Rabbitohs rugby club chose EuropeFX as their 2019/20 sponsors," said the broker in a statement.
"With a fanbase of millions in Australia and around the world, the Rabbitohs are a true powerhouse in the National Rugby League and a serial contender for the top spots all in domestic and international competitions. Everyone at EuropeFX will be rooting for the Rabbitohs as they strive for an unprecedented 22nd Premiership in the 2019 NRL season."
Betting on sports
The EuropeFX deal is the latest in a string of partnerships between sports firms and 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 trade 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 trade Read this Term companies.
With their ability to market to clients severely restricted, sports sponsorship is one avenue by which brokers can reach a large audience without infringing upon regulatory strictures.
WH Sports has been particularly active in brokering these deals. In the past couple of months, the firm helped to set up an agreement between Wolves and Coindeal, as well as RoboMarkets' sponsorship of BMW Motorsport.
Finance Magnates learned on Wednesday that EuropeFX is sponsoring the South Sydney Rabbitohs, a rugby team based in the Australian capital. The deal was brokered by sports consultancy and sponsorship firm WH Sports.
The agreement will see the Cyprus-based foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term broker acting as a partner to the Rabbitohs during the upcoming 2019/2020 season.
“We are proud to announce that the South Sydney Rabbitohs rugby club chose EuropeFX as their 2019/20 sponsors," said the broker in a statement.
"With a fanbase of millions in Australia and around the world, the Rabbitohs are a true powerhouse in the National Rugby League and a serial contender for the top spots all in domestic and international competitions. Everyone at EuropeFX will be rooting for the Rabbitohs as they strive for an unprecedented 22nd Premiership in the 2019 NRL season."
Betting on sports
The EuropeFX deal is the latest in a string of partnerships between sports firms and 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 trade 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 trade Read this Term companies.
With their ability to market to clients severely restricted, sports sponsorship is one avenue by which brokers can reach a large audience without infringing upon regulatory strictures.
WH Sports has been particularly active in brokering these deals. In the past couple of months, the firm helped to set up an agreement between Wolves and Coindeal, as well as RoboMarkets' sponsorship of BMW Motorsport.