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Social-trading technology provider Ayondo has entered into a White Characterization acceding with Huanying International as the SGX-listed advance close continues advancing its Asian B2B strategy.

As per the white characterization stipulations, Ayondo will accommodate Huanying’s applicant abject with absolutely managed white characterization casework to barter equities, indices, forex, and commodities. Huanying will advantage the company’s contract-for-difference (CFD) TradeHub belvedere additional Ayondo’s beheading and accident administration services.

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In 2016, Ayondo acquired TradeHero, a developer of a accepted investor- apprenticeship application, which accustomed the aggregation to aggrandize its offerings and operations in Asia. Through the TradeHero brand, Ayondo additionally targets Chinese traders with a simplified accidental trading product.

Also in 2017, Ayondo Accumulation activated its portfolio administration authorization issued by the German regulator (BaFin) authoritative the amusing belvedere the aboriginal fintech aggregation to action its casework beneath such a license.

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Ayondo has active added than 25 B2B affiliation deals in Asia, alignment from white characterization ally to introducing brokers. In Singapore, the aggregation has teamed up with bounded allowance close KGI Fraser Securities to barrage a affairs for differences (CFDs) platform, additionally based on Ayondo’s absolute TradeHub system.

Founded in 2008, Ayondo offers a ample spectrum of casework that awning both retail and institutional sectors. The accumulation claims to accept 210,000 users from 195 countries on its amusing trading platform.

Last month, Ayondo’s UK arm appear its banking statements for its 2017 budgetary year. Overall the close saw a assiduity of growth, although it was at a slower amount than antecedent years.

Commenting on the news, Robert Lempka, arch controlling administrator and co-founder of Ayondo, said: “As allotment of Ayondo’s China advance strategy, we are actual aflame at the befalling to assignment with Huanying to accommodate a advanced ambit of articles to their clients. Huanying is a abundant accomplice for us to extend Ayondo’s brand in this important advance arena of Asia.”

Ten Facts That Nobody Told You About White Label Brokerage Platform | White Label Brokerage Platform – white label brokerage platform
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