Global Kapital Group, a leading financial services provider, announced that it has acquired Fairmarkets Trading to enter the Australian market. GK Group has received an ASIC license through the latest acquisition.
According to the official announcement shared with Finance Magnates, GK Group is currently providing a wide range of services including brokerage, alternative finance, digital banking, and corporate banking services to clients in more than 100 countries through its digital platforms. The company has expanded its global presence with the latest acquisition to enter the growing Australian derivatives market.
GK Group aims to facilitate its traders with simple and effective digital financial solutions in the competitive global financial trading market.
Commenting on the recent acquisition, Gökhan Erkıralp, GK Group’s brokerage CEO, said: “We are pleased to have completed the acquisition of Fairmarkets Trading which marks an important milestone for our group. I believe this acquisition will strengthen our global presence and bring us one step closer to our goals. A healthy combination of global experience and local expertise is the driving force behind our consistent expansion, and we are dedicated to delivering the best possible customer experience in every market we operate in.”
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Finance Magnates earlier reported about GK Group’s sponsorship deal with the Premier League football club, Arsenal. The company has accelerated its global expansion with the acquisition of Fairmarkets Trading.
“The future of trading and investment heavily depends on constant innovation as the world is becoming more and more digitalized and people’s expectations shift towards a simpler and faster experience. We aim to fulfill all modern-day traders’ demands with simple and effective digital financial solutions. We are happy to offer our services in Australia and very excited to step into a new market that has lots of potentials,” Erkıralp added.
Fairmarkets Trading is based in Sydney, Australia. The company has been a member of the Australian Securities and Investments Commission (ASIC) since 2012.