Hello Markets is a white label provider for online trading, specializing in numerous asset classes, which will eventually include derivatives and FX in the near future. The decision to partner with Australian-based Bullion Capital represents a move to secure precious metals capabilities, Bullion’s specialty.
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According to Wassim Khateeb, Managing Director of Hello Markets’ Cyprus office, in a recent statement on the partnership, “This opportunity represents an exciting strategic collaboration for Hello Markets. The company has decided to extend its product offering to include Bullion Capital’s MetalDesk2 trading platform for precious metals.”
Conversely, the partnership will draw upon Bullion Capital’s precious metal markets via its MetalDesk2 exchange platform. The platform is designed to garner legal ownership of the precious metals, with clients being afforded the option of choosing delivery or storage of their respective investments globally.
“Embedding MetalDesk2 into Hello Markets’ trading tools allows their traders to own physical bullion, unlike the paper contracts traditionally available through online trading platforms,” added Bullion Capital’s CEO, Thomas Coughlin, in an accompanying statement.