Charterprime Announces Launch of CharterMarkets
CharterMarkets – part of the Charter Group – is based in Queensland and services strong local and overseas demand for Australian equities, corporate advisory and Initial Public Offerings, both domestically and internationally. The growth and diversification of Australian Superannuation Funds and burgeoning off-shore investor interest has fuelled rising volumes on Australian Stock Exchange.
Offshore demand for Australian shares is increasing, especially in China and South-East Asia and overseas investors currently hold over 50% of the local Australian market.
CharterMarkets is headed up by industry veterans Rob Harrison and Greg Bax. They will leverage their many years of combined experience and trusted relationships with key market participants in the institutional and retail sectors to drive market share.
Charterprime has benefited from record results in 2017 as a number of key institutional partnerships and initiatives have delivered strong growth across its key markets including South-East Asia and China.
In May, Charterprime launched a custom livery with AirAsia Berhad, one of the largest carriers in the region. Charterprime's logo and branding appear on an AirAsia Airbus A320-200 aircraft. Tune Group Sdn Bhd, the parent company of AirAsia, partners with Charterprime in an official brokering capacity for all financial spot and futures products, namely foreign exchange (FX) as well as commodities such as oil, both to reduce costs and to hedge against market volatility.
Charterprime Managing Partner, Mathew Tate said: "In Australia, our domestic equities division, CharterMarkets has been well received by market participants and we are bullish on the long-term prospects. We are delighted to announce the appointments of Rob Harrison and Greg Bax, their leadership and expertise will ensure CharterMarkets sustains long-term market share as a trusted and innovative equities provider. Demand from our existing derivatives clients for reliable access to equities markets was overwhelming. We expect to see strong growth in client numbers and trading volumes in Q4 2017 and into 2018."
"2017 has been a big year for Charter Group, our partnership with Tune Group has contributed significantly to the building of brand awareness in South-East Asia and beyond and the launch of our customised livery with AirAsia has coincided with the continued growth of market share in the region."
Full Article: https://www.prnewswire.com/news-releases/charterprime-announces-launch-of-chartermarkets-300534469.html