JFD Group, a global provider of multi-asset trading and investment solutions, announced this Tuesday that it has consolidated its retail and institutional services under the brand JFD Bank.
Now, all the services provided by the different entities of JFD Group of companies, including those previously provided by the brand JFD Brokers, are now provided under one roof and can be accessed via the new website www.jfdbank.com, replacing jfdbrokers.com.
According to the statement, which was given exclusively to Finance Magnates, the aim of the rebranding is the first step to offering its customers a “one-stop multi-asset experience” for its trading and investment services.
Commenting on the rebranding, Lars Gottwik, founder and Chief Executive Officer of JFD said: “Launching JFD Bank has been a challenging task and a tremendous success for us. It marks the end of a long, very complicated and sometimes frustrating process of acquiring a regulated German investment bank and getting all the necessary approvals.
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“However, for us this is also the beginning of a new, even more exciting part of our journey. JFD is on a mission to set new standards in the trading, investing and banking world, and JFDBANK.com is just the beginning.”
On the website, a new section has been included which houses all of the company’s institutional services. Specifically, this includes its Prime Brokerage and liquidity offering, designated sponsoring, institutional sales trading, capital markets and investment banking.
JFD Group Rebrands ACON to JFD Bank AG
Today’s announcement follows on from JFD Group completing the acquisition of the German-based investment bank ACON this month. The new name of ACON is now JFD Bank AG.
It is also the latest in a couple of developments for the firm. As Finance Magnates reported in February, the firm introduced commission-free stock trading conditions for its clients. This allows customers of the broker to trade real stocks without incurring any fees, without limitations.
In addition to stocks, the company also provides foreign exchange and contracts for difference trading on ETFs, indices, commodities, cryptocurrencies and bonds. Its total offering exceeds 1,500 instruments across 9 asset classes.