Australia’s leading wholesale financial markets trading utility, AUSIEX, has launched a new international share trading offering for financial advisers, to meet rising demand for direct international exposures.
The AUSIEX International Markets offering delivers advisers the capability to trade 18 overseas markets, in a range of asset classes, with extensive trading toolkits and order types, online corporate actions management, integrated research, and powerful reporting features in one solution. Up to 10 currencies can be traded via multi-currency wallets for additional trading flexibility.
The offering complements AUSIEX’ existing Australian Shares trading platform, providing a single solution for advisers to trade both domestic and international equities online while also benefiting from our highly experienced local after-market service teams. International Markets accounts can be opened separately, or together with an Australian Shares account when accounts are originated online.
Brett Grant, Head of Product, CX and Marketing at AUSIEX, said: “Our new International Markets offering makes it easy for advisers, brokers and wealth management institutions, SMSFs trustees and other wholesale market participants to invest directly in more global assets to support the diversification of client portfolios. It provides access to not only a range of global equities, but also a wide range of exchange-traded funds (ETFs) not available in Australia.”
“This includes listed assets in 18 key markets, including the United States, Canada, Hong Kong and United Kingdom amongst others, across 10 currencies.”
Mr Grant noted: “More and more Australian advisers and their clients are interested in investing in global assets and this offering makes it easier for financial advisers to directly trade international equities, ETFs and global funds across multiple markets in multiple currencies.”
“Financial advisers, stockbrokers and their investor clients can also better monitor those assets through a range of real time information and reporting tools on a sophisticated and intuitive platform.”
Key features of the new AUSIEX International Markets offering provides advisers and their clients with:
- Multiple funding structures – ability to settle trades in 10 different currencies.
- Access to 18 markets – throughout North America, Europe, and Asia.
- Multi-asset trading – multiple asset classes, including equities and ETFs and managed ETFs, as well as listed fixed income not available in Australia.
- Multiple order types – using simple and advanced order types.
- Extensive trading toolset – an expansive toolset for advisers and their clients including watchlists, screeners, alerts and charting tools.
- Integrated news and market research – accesses news and market analysis from multiple providers.
- Portfolio information and tools – via a configurable, modern interface.
- Reporting suite – providing an extensive library of reports.
- Online account opening – enables easy applications for an International Markets account and submitting a W8-BEN/E online.
- Corporate action management – manage voluntary corporate actions on the website.
The Australian share market represents less than 2% of the world’s investment by market capitalisation and the 7.7 million local investors who hold on-exchange are increasingly diversifying their portfolios by investing offshore.
“The ASX 2023 Australian Investor Study shows more Australians are investing directly in international shares than ever before,” added Mr Grant. “International equities are already the major single asset allocation for several big institutional investors, though allocations vary depending on their fund objective, risk tolerance and what they are seeking in terms of returns.”
AUSIEX plans to continue investing in enhancements to the offering, including additional market coverage and improved integration with its existing award-winning Australian share trading platform used by over 4,400 advisers from over 1,000 dealer groups across Australia to invest in equities, ETOs, ETFs, warrants, hybrids and IPOs.
AUSIEX is proud to be recognised within the industry through awards such as the 2022 Adviser’s Choice Award for Australian Shares at the SMSF Service Provider Awards, as well as Platform Provider of the Year at the 2021 SMSF Adviser Awards.
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