Morrison Securities launches ViewTrade as one of Australia’s first plug-and-play global trading

AAB | Morrison Securities launches ViewTrade as one of Australia’s first plug-and-play global trading | Morrison Securities has announced the launch of one of Australia’s pioneering plug-and-play global trading solutions to 15 countries in collaboration with ViewTrade, a leading trading technology provider.

Nigel Singh, CEO of ViewTrade International Australia, stated that this initiative will streamline the trading process for Morrison’s 38,000+ active clients, who collectively trade $30 billion annually. Once clients complete the KYC process, they will have access to rapid global trading opportunities.

The new offering from Morrison will include enhanced global equity and options trading, fixed income, ETFs, and seamless integration of domestic and global trading. Clients will also have the option to choose between fully disclosed or omnibus operating models.

ViewTrade estimates that implementing similar solutions across Australia’s global trading landscape could result in annual efficiencies of approximately $240 million. This collaboration marks a significant milestone in expanding global opportunities for Australia’s wealth management sector.

Nigel Singh expressed excitement about partnering with Morrison Securities to provide Australians with access to a broader range of investment opportunities. William Slack, CEO of Morrison Securities, highlighted the integration of global market access into their domestic offering to enhance the customer experience.

Laksh Gangwani, Chief Revenue Officer – APAC and Middle East at ViewTrade, emphasized the benefits of Morrison’s integrated approach to technology, compliance, and operations, which will enable investors to access multiple markets and asset classes with ease.

ViewTrade is a global leader in investment and trading infrastructure solutions, while Morrison Securities is an Australian broking firm with a focus on trading, execution, and clearing services. Together, they aim to provide innovative solutions and exceptional customer service to clients seeking to navigate the complexities of the global market.

Source: ViewTrade