ACY Securities Draws Minister Tudehope & Senator Bragg for Gala Event

The honourable Damien Tudehope, Minister for Finance & Small Business (Parliament of NSW, Australia) and Senator Andrew Bragg, the Liberal Senator for NSW in the Australian parliament delivered key speeches at the ACY Securities 8^th anniversary gala dinner on Saturday night at Sydney’s Fullerton Hotel.

Senator Bragg, who chairs a Senate Select Inquiry into Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term, focused his address on the importance of making Australia globally competitive with the world’s best innovation nations such as Singapore, Israel and the US.

“As Chair I want to make sure this inquiry delivers products our Parliament can enact practical, market driven things which will create more Australian jobs. That will only happen if Australia is competitive as a nation. We want Australia to be right up there competing for capital and the best people. And technology will deliver. Technology creates jobs,” said Senator Bragg.

Senator Bragg went on to mention a few Australian companies that were succeeding as fintech businesses, which also included ACY Securities.

“We believe Australian technology companies like ACY know how to win” said Senator Bragg. “Just look at Atlassian, Afterpay and Airtasker. They’ve found significant success at home and abroad providing millions of customers with great products and thousands of employees with jobs” he went on to say.

Senator Bragg concluded his speech by wishing ACY Securities well in its endeavours and then tweeted about his appearance at the event. Senator Bragg’s tweet can be seen @ajamesbragg.

The Hon. Damien Tudehope, who spoke about the role of technology, innovation, ideas and capital in contributing to a strong economy, commented on the launch of Finlogix.

“The launch of Finlogix represents such an exciting opportunity for trading and investment, combining powerful trading tools with the Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term of the community. Finlogix represents a significant opportunity for both entry level investors as well as veteran analysts looking to make better investment decisions” said Mr Tudehope on stage.

It is believed that the innovative suite of Finlogix trading tools, which is described as a one-stop shop for not only experienced and start-up traders, but also for market analysts, is the only one of its kind in the market.

The night was also attended by a host of business leaders, industry insiders and other government representatives, Trent Zimmerman – Member for North Sydney (Parliament of Australia), the Hon. Dr Helen Sham-Ho – Former Member of the NSW Legislative Council and representatives from the city councils of Willoughby, Georges River, Fairfield, Kogarah and Sydney.

For more information on the 8^th anniversary milestone, visit the official webpage.

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