Wholesale trading platform AUSIEX announced its partnership with the Australian unit of Saxo Bank to allow financial advisers to directly trade and own international equities and exchange-traded funds (ETFs) across multiple markets and in multiple currencies.

AUSIEX Enhances Services Tapping Saxo Australia

Commenting on the partnership, Patrick Salis, the CEO at AUSIEX, said: “Our aim is to complement and enhance our capabilities as a proven wholesale trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, and ensure it continues to be a leading solution for advisers, brokers, and self-managed superannuation funds (SMSFs) by not only enabling advisers to trade international equities alongside domestic securities, but also benefit from integrated news and research, trading tools, and reporting capabilities.”

“This partnership will help Australian advisers better service investors, strengthen their client propositions, and improve practice efficiencies.”

AUSIEX, a part of Nomura Research Institute, supports more than 475,000 investors and over 4,500 advisers from more than 850 advice firms. It is a broker of ETFs for advisers and intermediaries in Australia, offering trading of Australian equities on the ASX and Cboe exchanges.

“Saxo Australia is delighted to support AUSIEX’s expansion into international equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term markets,” said the CEO of Saxo Australia, Adam Smith. “Like AUSIEX, Saxo Australia is an Australian broker backed by a global financial powerhouse, and we anticipate this being the start of a long and fruitful partnership.”

Saxo’s Growing Presence in APAC

Saxo Bank has obtained the status of a Systemically Important Financial Institution (SIFI) in its home country, Denmark. It additionally has an extensive global presence, especially in the Asia-Pacific region.

Earlier this year, the Aussie unit of Saxo enhanced its offerings by launching a suite of managed portfolios targeting self-directed investors and self-managed super funds. Blackrock is one of the active managers of these portfolios.

“It’s never been more important for investors to diversify their holdings across geographic regions and asset classes,” Smith added. “Saxo Australia’s partnership with AUSIEX will enable financial advisers to do just that for their clients, using market-leading, user-friendly investment technology and infrastructure.”