ASB Bank Partners with CMC Markets to Enhance Online Trading for New Zealand Customers

Highlights:

• Strategic Partnership: ASB Bank has formed a long-term strategic partnership with UK-based CMC Markets to enhance its online trading capabilities for customers in New Zealand.
• Enhanced Trading Tools: The collaboration will provide ASB clients with access to CMC Markets’ trading technology, over 15 international markets, and comprehensive market research and tax-reporting tools.
• Commitment to Customer Experience: This partnership reflects ASB's ongoing commitment to improving digital services and enhancing the customer experience by offering a robust platform for global trading opportunities.

Expanding Access to Global Markets

ASB Bank has announced a new strategic partnership with UK-based CMC Markets, offering its clients enhanced trading technology and access to a wider array of international markets. At the time of writing, this partnership is set to provide ASB customers with trading tools, market research, and resources across over 15 international markets, along with advanced tax reporting capabilities. This collaboration reflects ASB's ongoing commitment to delivering comprehensive, accessible trading solutions to New Zealand investors.

A New Era of Trading for ASB Clients

This "white label" partnership enables ASB clients to utilize CMC Markets' established trading platform under the ASB brand, empowering users with an interface designed for streamlined online share trading. CMC Markets' chief executive, Peter Cruddas, expressed enthusiasm for the partnership, emphasizing the firm's excitement about "working with ASB to deliver the best online share trading service in New Zealand." The move underscores a joint commitment by both companies to improve trading accessibility and functionality for New Zealand investors, making it easier for ASB clients to access international financial markets.

Commitment to Enhanced Customer Experience

ASB Bank's collaboration with CMC Markets aligns with a broader strategy to expand digital services and bolster customer engagement with global investment opportunities. By leveraging CMC Markets' technology, ASB aims to provide customers with a robust online trading platform that incorporates timely market insights, advanced reporting features, and real-time data. As global markets continue to evolve, this partnership positions ASB Bank to meet the demands of New Zealand investors looking for dynamic, efficient tools to navigate their financial futures.

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