ThinkMarkets, a multi-asset dealer headquartered in Melbourne, Australia, introduced immediately that it has expanded its contract-for-differences (CFD) product providing, with the agency including international equities.
Now, the ASIC-regulated dealer facilitates buying and selling in fairness derivatives contracts from North America, Europe and Asia monetary markets. The brand new devices will likely be obtainable to commerce on ThinkMarkets’ cell buying and selling platform, Commerce Interceptor, which can be used on a desktop.
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Nauman Anees, CEO, ThinkMarkets
“We’ve been dedicated to serving the wants of world merchants, and because the fairness markets have been in recovery-mode put up 2008, it’s a pure development for ThinkMarkets to supply over 120 CFD equities from internationally’s most energetic and liquid markets,” mentioned the Co-founder and CEO of ThinkMarkets, Nauman Anees.
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Along with the worldwide equities, the Aussie dealer has additionally added new merchandise to its MetaTrader four platform. This contains CFD indices, commodities, treasured metals and international alternate.
Again in 2017, the agency acquired cell app supplier Commerce Interceptor. Since then, the corporate has been refocusing its goal with a mobile-centric method, with ThinkMarkets seeing a strong uptick within the variety of transactions positioned on cell. In line with the assertion, the brand new merchandise are a part of this technique to place itself as one of many largest mobile-focused suppliers.
ThinkMarkets’ UK subsidiary posts flat 2017 revenues
Though the dealer has its headquarters in Australia, it additionally has operations in the UK that are authorised by the Monetary Conduct Authority (FCA). Earlier this 12 months, Finance Magnates reported that TF World Markets UK posted the corporate’s full-year outcomes for 2017.
The annual report, filed with the UK Firms Home, revealed no main adjustments within the firm’s revenues. Particularly, when in comparison with 2016, final 12 months’s revenues have been roughly flat at £three.78 million ($four.94 million). Working income for the brokerage elevated by 51 per cent to £189,278.