FXTRADING.com and CGS-CIMB Securities join forces
- By FXT
- July 27, 2021
- FXT News
New partnership enables one of Asia’s leading integrated brokerages to provide liquidity to facilitate CFD trades.
SYDNEY, AUSTRALIA, 27 July 2021 – FXTRADING.com (“FXTRADING”) today announced that it has partnered with CGS-CIMB Securities Singapore Pte. Ltd (“CGS-CIMB”), one of Asia’s leading integrated brokerage firms, since March 2021 to offer clients the best trading environment to trade share market Contracts for Difference (CFD).
FXTRADING has now also added the powerful IRESS platform to its trading product range, while CGS-CIMB will also provide liquidity to facilitate clients’ trades. This means that customers can now trade share market CFDs with deep liquidity pools, fast trade execution, and some of the most competitive spreads in the industry.
Mercury Liu, Managing Director, FXTRADING, said: “We are excited to be entering into this partnership with CGS-CIMB, which marks our foray into the Southeast Asian market. With a strong heritage and deep knowledge of financial markets in the region, we knew this was the perfect choice to deliver best value and service to our clients in Southeast Asia. Clients can now view the powerful features IRESS has to offer, and they can start applying for a live account or request a demo.”
Michael Oxlade, Group Head of CFD, CGS-CIMB, added: “Southeast Asia is fast becoming one of the world’s largest regions for CFD trading, and we are continuing to see growth amongst both retail and institutional clients for these products. With FXTRADING, now powered by IRESS, we can quickly onboard new customers and provide them with a robust system to handle a diverse range of needs, and offer greater access to CFDs in the marketplace.”
FXTRADING.com is the trading name of Gleneagles Securities (Aust) Pty Limited, a privately owned financial services house that was founded in 2009 in Sydney, Australia. FXTRADING.com is a multi-asset class online brokerage, serving the diverse needs of sophisticated market participants and institutions ranging from retail clients and high net worth individuals to registered investment firms and funds.
We pride ourselves on our core values; integrity, transparency, diligence and innovation. And whilst we cater to clients across several jurisdictions, we have maintained the same regulatory standards across the board and are currently regulated by ASIC (Australian Securities and Investments Commissions) and VFSC (Vanuatu Financial Services Commission).
Headquartered in Sydney, Australia, FXTRADING.com has clients from over 80 countries with a large userbase across Asia. And due to our continued expansion, FXTRADING.com has become a more globally focused multi-asset class online brokerage.
We will continue to develop new products and provide new services to clients, as creating market leading technologies, with a competitive and transparent trading environment is our passion and purpose.
About CGS-CIMB Securities (Singapore) Pte. Ltd.
CGS-CIMB Securities (Singapore) Pte. Ltd. is a wholly-owned subsidiary of CGS-CIMB Securities International Pte. Ltd., one of the leading integrated financial service providers in Asia. It is a 50-50 joint venture between China Galaxy International Financial Holdings Limited, a wholly-owned subsidiary of China Galaxy Securities Co. Ltd., and CIMB Group Sdn. Bhd.
Through a network of local offices, branches and strategic partners, we have direct global presence in over 20 countries, providing a truly Asian perspective. We are well-positioned as Asia’s leading financial gateway with a core focus on deep-dive research and in-depth analysis on equities and financial products.
We are a customer-centric firm and focus on value creation for clients, offering a suite of investment and financial solutions for retail and institutional clients. Our businesses include retail broking, institutional equities, derivatives, prime services, equities research, wealth management and online broking.
Backed by an award-winning research team, we have one of the most comprehensive research coverage of over 800 Asian stocks. Our strong research capabilities form the backbone of our product and service offerings, connecting clients to opportunities.
If you have further queries or require more information, please contact:
Head of Operation and Risk
D: +61 404118799
Head of Marketing & Communications, Singapore
CGS-CIMB Securities (Singapore) Pte. Ltd.
(Member of Singapore Exchange Securities Trading Limited)
M: +65 9647 6070