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ASB Bank Partners with CMC Markets to Enhance Trading Access for Customers

Nov 04, 2024

ASB Bank, a subsidiary of Commonwealth Bank of Australia (NZX: CBA), has formed a strategic partnership with UK-based CMC Markets to expand trading resources for its customers. Through a "white label" agreement, ASB clients will gain access to CMC’s advanced trading technology, a wide selection of over 15 international markets, as well as comprehensive market research and tax reporting tools. CMC Markets CEO Peter Cruddas expressed enthusiasm for the collaboration, anticipating a strengthened online trading service tailored for New Zealand. This partnership aims to provide ASB customers with improved trading experiences and more diverse investment options, aligning with ASB’s strategy to support its clients in navigating global financial markets.

 

 

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