The SA Stock Brokers group and its London subsidiary SA Stock Brokers Ltd (member of the LSE) recently went live with IRESS Professional as their primary trading and market data interface for local and international equities and derivatives.
The solution, fully managed and hosted by IRESS, enables SA Stock Brokers and its group companies to access real time or delayed market data and then trade on behalf of clients in equities and derivatives on all major markets.
Delivery is through a single front end - IRESS Professional, with a consolidated live portfolio view across instruments, destinations and currencies. The platform seamlessly combines international trading functions alongside JSE equities, SAFEX, Yield X, and a full CFD suite.
According to Mike Ray, CEO of SA Stock Brokers, “We’re now able to view our clients’ investment and trading activities as well as manage risk within a single application.”
“South African investors can now access virtually any trading destination around the world via SA Stock Brokers using a choice of IRESS solutions including desktop, web-based or mobile products,” he added.
Stuart Campbell, head of Sales for IRESS Financial Markets, adds “this is an exciting deal for us because it furthers our mission of empowering brokers and investors in South Africa through world class technology with affordable access to all markets.”
“Increasingly sophisticated retail investors expect to be able to trade anytime and anywhere. We believe IRESS, and by extension SA Stock Brokers, are uniquely placed to meet this expectation.”
SA Stock Brokers is a member of JSE Limited
SA Derivatives is a member of JSE Limited, SAFEX and YieldX market. It is also an authorised Financial Service Provider (FSP No. 40248)