Morrison Securities is partnering with ViewTrade to launch one of Australia’s first plug-and-play global trading solutions, providing seamless access to 15 international markets. This cutting-edge service will allow Morrison’s 38,000+ clients, who trade $30 billion annually, to complete KYC just once, enabling quick and secure global trading access. The solution integrates domestic and international equities, options, fixed income, and ETFs, offering firms a choice between fully disclosed and omnibus models.
ViewTrade estimates that implementing similar solutions across Australia could save nearly $240 million annually. This partnership is a pivotal moment for Australia’s wealth management sector, expanding investment opportunities while improving efficiency.
Nigel Singh, CEO of ViewTrade International Australia, emphasized the potential for Australian investors to diversify portfolios and reduce risk. Morrison Securities’ CEO William Slack highlighted the superior customer experience their integrated technology offers. Laksh Gangwani, CRO at ViewTrade, praised Morrison for revolutionizing how Australian investors access global markets with ease.
This innovative launch positions Morrison Securities as a leader in global trading solutions, enhancing accessibility and efficiency for investors.
Read the full article on Australian Fintech for more details.
