Swiss Finance Corporation is expanding its service to offer spread betting to UK clients and small FX investors on a global basis. The London-based FX trading firm has partnered with Ariel Communications to deliver this new strategy, having selected Ariel's iTrade platform following a comprehensive review of the market.
Ariel's iTrade enables trading of margin FX, CFDs and Financial Spread Betting. The multi-asset trading platform is built on a modular system and can be customised to meet client requirements. Web and mobile versions of Ariel's iTrade will be available to Swiss Finance clients by the beginning of Q2 2014.
Hakan Barlas, Director at Swiss Finance Corporation explains, "Until now we have focused exclusively on tier 1 clients and have developed a loyal client base consisting of institutional investors, FX funds and small banks. As we looked to expand, we decided to have a complete offering for smaller investors who will be able to access our FX trading services including a spread betting option for the UK market.
"We assessed our options by talking to a number of technology partners in this space and were impressed by Ariel's experience as well as their willingness to adapt their platform to suit our specific needs. They are an innovative company with a strong heritage - an ideal partner for our current and future needs."
Simon Cox, CEO of Ariel comments, "Swiss Finance Corporation has a strong reputation and is committed to investing in dependable, state-of-the-art technologies. We are delighted they have chosen our platform and look forward to a long-term partnership with them."