Six months after the acquisition of Synergy FX, ACY Capital, an Australian-based foreign exchange (forex) and contracts for difference (CFD) broker, has launched a newly rebranded company which combines the two operations – ACY Securities.
As Finance Magnates reported in September of last year, Synergy FX was acquired by ACY, with the intention of being integrated into its forex and CFD business, which provides forex, CFD and education to institutional and retail traders.
Today, the company revealed that the new combined operation would offer a number of trading products, such as FX, indices, cryptocurrencies, and commodities. Furthermore, ACY Securities will also offer trading education services, which have been central to ACY’s previous offerings.
Commenting on the re-branding, Jimmy Ye, Managing Director at ACY Securities said: “It’s been a busy six months and we’re now in a much stronger position after combining the resources and strengths of Synergy FX and ACY Capital.”
The Rising Star of the DeFi Project, GIBXSwap, Passes CertiK Security AuditGo to article >>
“Bringing all the resources, products and expertise from the two companies under the ACY Securities banner means we now have a more comprehensive product and service offering for traders and investors.”
According to the statement, through the new company, existing Synergy FX clients can upgrade to a pureECN account. In addition, the newly combined firm will offer stpECN, a no-dealing desk trade execution model and zeroECN, which is a premium account model for high volume traders.
ACY Securities to Roll Out Further Products
Following the launch of ACY Securities, the company has also outlined a number of products which it expects to roll out in the coming months as part of its continuing global expansion. This includes a new MT5 trading platform, securities trading, a new MAM system, and a new client portal.
“ACY Securities is not only a financial and trading company. At the core of our operation and vision for the future is a strong focus on technology. We’d like to think that ACY Securities is half Wall Street and half Silicon Valley,” Ye added.