Share trading platform Ausiex has partnered with online investment specialist Saxo Australia to launch an integrated global trading solution tailored specifically for financial advisers.
Ausiex chief executive Patrick Salis said the collaboration underscores their commitment to providing comprehensive solutions to their existing base of over 4500 financial advisers and prospective adviser clients, granting them access to international stocks and exchange-traded funds (ETF) in various markets and currencies.
“After an extensive search, we are delighted to announce we are collaborating with Saxo, a global leader in international trading solutions, to leverage their proven technology and domain expertise and jointly deliver a highly scalable, best-of-breed international trading solution for advisers,” Salis said.
“Our aim is to complement and enhance our capabilities as a proven wholesale trading platform and ensure it continues to be a leading solution for advisers, brokers and self-managed superannuation funds by not only enabling advisers to trade international equities alongside domestic securities, but also benefit from integrated news and research, trading tools and reporting capabilities.
“This partnership will help Australian advisers better service investors, strengthen their client propositions and improve practice efficiencies.”
Saxo Australia chief executive Adam Smith shared his optimism about the collaboration, highlighting the solution will aim to provide advisers with a valuable tool for diversifying portfolios when serving their clients.
“It’s never been more important for investors to diversify their holdings across geographic regions and asset classes. Saxo Australia’s partnership with Ausiex will enable financial advisers to do just that for their clients, using market-leading, user-friendly investment technology and infrastructure,” Smith said.
“Saxo Australia is delighted to support Ausiex’s expansion into international equities markets. Like Ausiex, Saxo Australia is an Australian broker backed by a global financial powerhouse and we anticipate this being the start of a long and fruitful partnership.”
Research conducted by Saxo Australia earlier this year revealed SMSF trustees generally prefer to receive financial advice when engaging in equity transactions for their trading and investment activities.