22 July 2017
visit www.finastra.com

CMC Markets to provide ANZ Share Investing trading platform

08 March 2017  |  2590 views  |  0 Source: ANZ

ANZ today announced an agreement with CMC Markets to provide a market leading share trading solution to customers under the ANZ Share Investing brand.

The agreement reflects a continued focus by ANZ to simplify its business and it is expected customers will transfer to the new platform by September 2018. ANZ will decommission its current trading platform following customer migration.

ANZ Managing Director Pensions and Investments Peter Mullin said: “CMC Markets is wellknown for providing market leading technology to its customers both in Australia and globally.

“Share trading remains an important customer proposition for ANZ and this agreement will allow our customers to trade easily and securely when and where they want on a worldclass platform. CMC Markets has also committed to working with ANZ to bring new and innovative features to our customers.

"For now it's business as usual for our customers who will access the same share trading platform they have always used and we will continue to manage their deposits once they transfer to the new system,” Mr Mullin said.

As part of the agreement, ANZ will continue to manage and provide existing investment lending and cash management solutions.
ANZ will work with CMC Markets to identify opportunities for its existing ANZ Share Investing employees.

Headquartered in London and listed on the London Stock Exchange, CMC Markets has operations in 14 countries and is a leading provider of online trading both for retail and institutional customers.

The financial impact of the agreement and costs associated with decommissioning the ANZ platform are not material to the Group.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.finastra.comvisit www.ncr.com

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
13213 views comments | 19 tweets | 15 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
9358 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
8422 views comments | 16 tweets | 12 linkedin
hands typing furiouslyThe Digital Trade Chain: the blockchain tr...
8086 views 0 | 7 tweets | 16 linkedin
Mastercard and Scotiabank join Enterprise Ethereum AllianceMastercard and Scotiabank join Enterprise...
6931 views comments | 25 tweets | 15 linkedin