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Overview: Brokers Rebranding in 2021

Posted on 2021-12-27 By xiaoya No Comments on Overview: Brokers Rebranding in 2021

Throughout this year, several companies have effectively rebranded, which includes seven brokers.

January 2021: CMC Markets, the world’s leading online trading broker, announced that its institutional business unit has been renamed CMC MarketsConnect (CMC Connect). The company said that this move reflects that CMC Connect will operate as a true liquidity provider, and its business focus will also shift.

March 2021: Admiral Markets revealed that it will be renamed Admirals, and the rebranding reflects the company’s development. The company will not stop at traditional trading and investment fields and will focus on providing products and services in more financial markets and other markets.

Also in March: British interdealer broker TP ICAP plc confirmed that it was re-registered as a private limited company and has been renamed TP ICAP Limited.

Late March: Marex Spectron, a British broker, market maker, and global financial and commodity market-clearing company, announced that it has officially changed its name to Marex. The company believes that it will simplify its name to Marex and launch a new logo to more clearly reflect its current changes. Extensive business portfolio.

May 2021: Japanese broker (part of Yahoo Yahoo) YJ FX Co., Ltd (YJFX) is acquired by GMO Financial Holdings. Then in early September, the broker announced that it planned to officially change its name to “Foreign currency ex by GMO Co., Ltd” (Gaika ex by GMO) on September 27, and the URL and email address will be changed simultaneously.

November 2021: Vantage FX, an Australian currency pair and CFD broker, announced that it was renamed Vantage as part of the company’s global business expansion strategy. The broker stated that the removal of “FX” indicates an important step in its commitment to providing more financial services in addition to currency pair trading.

At the end of November: Multi-asset brokerage platform LiteForex announced plans to obtain a license in the new jurisdiction to further develop its business. The company’s first step in implementing this strategy is to rebrand and officially change its name to LiteFinance.

forex news Tags:brokers, finance, fxtrading

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