The investment bank offers 5 different accounts, 7 asset types, over 10,000 investment instruments, and a multilevel affiliate programme.
RoboMarkets Group has launched an investment bank for Asian clients, operating under Labuan FSA licence No. 210138BI.
RM Investment Bank Ltd, a subsidiary of the RoboMarkets Group, is headquartered in the Financial Park Complex in Labuan and provides clients from Asian countries with a range of investment services, including:
7 asset types and over 10,000 investment instruments
5 account types with competitive investment conditions
Cutting-edge investment platforms
A multilevel affiliate programme
Dr. Rostyslav Prus, RM Investment Bank Managing Director, commented: “Our company has started the RM Investment Bank, the first licensed investment bank in the RoboMarkets Group, and this makes us very happy. This marks an important milestone in the Group’s history, which will surely help us to expand our business in this jurisdiction. We are very proud of the variety of our services to clients and partners because they are equal in quality for anyone, regardless of investing experience and invested sums”.
It was in 2019 that RoboMarkets Asia opened its regional headquarters in Malaysia after obtaining the Labuan licence for the provision of services to Asian clients.
Continued growth has led RoboMarkets to follow suit and start RM Investment Bank in order to address client demand.
The German-based operation of RoboMarkets has recently launched a business line directed at professional traders who, the broker argues, have been the most neglected customer segment since new ESMA regulations came into effect in 2018 and forced many traders to go offshore.
RoboMarkets believes that some traders moved offshore because they had no other choice, as they did not meet the criteria to be classified as professionals, while others who went offshore had to work much more actively than the EU-regulated ones due to the general trends in the market.
The general recovery of the economy and the rise in asset prices fueled the growth of investor portfolios, which have become comparable to professional ones, thus requiring a new approach to the provision of services. Hence the launch of RoboMarkets Pro.
The BaFin-regulated broker caters to all professional clients in the European Union and provides them with special conditions for some assets, including DE40, stocks, currency pairs, and over 12,000 other instruments to invest in with leverage up to 1:300.
RoboMarkets Pro will focus on working with professional clients who are interested in cooperating with an EU-regulated broker that provides specific products and trading conditions, as well as free swaps until the end of 2022 and many other tools for professional traders.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
