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Screenshot of a breaking news alert e-mail from Q2 2017
Continuing its makeover from turnkey brokerage solutions provider to an FX point solutions company, Leverate has announced the launch of “Go East with Leverate” – a professional service that will enable brokers to expand into the enormous financial trading markets of China and the wider Asia Pacific region.
With two offices based in China, one in Shanghai and the other in Hong Kong, Leverate said that it already has the technological infrastructure and industry expertise to support forex and other retail trading brokers to expand their operations into the region.
According to Yasha Polyakov, Leverate’s CEO:
We are perfectly positioned to help brokers tap into this ripe market where they can take advantage of full turnkey solutions that will enable them to enter China and Southeast Asia easily and successfully.
Andy Zhang, Leverate’s General Manager in China advised that,
Asia currently accounts for more than one-third of all global traders and is set to be a main source of brokerage growth in years to come. For this reason our wide range of products, particularly our Sirix WeChat, are very attractive for brokers wanting to target this market.
Leverate stated that its Go East geo-expansion solutions will include:
- Technology – localized trading platforms, IB systems and our new WeChat Trading Platform.
- Execution – backed by a blend of acceleration and local hosting, this execution provides a lightning fast feed that allows for seamless trading and liquidity.
- Management Services – local and on-the-ground assistance with marketing and HR through to office set-up and administration.
This is the latest move by Leverate in becoming more of a services provider, than pure technology and platform provider, to FX brokers. We reported exclusively earlier this month that Leverate was entering into a cooperation agreement with (former) FX platform rival MetaQuotes in providing MT5 support. Leverate has also recently launched an EMIR / MiFID II regulatory consulting service called Regyoul8, and a professional services department called Acxelr8 focusing on client acquisition and retention services.