RoboMarkets has expanded the range of instruments available
on its R StocksTrader platform. The update adds more than 1,160 new assets,
including stocks and ETFs. The additions cover markets in the US, Europe, the
UK, and Switzerland.
These updates come as RoboMarkets has prepared to
restructure its operations in Europe by the end of 2024. Under
the new model, retail clients will be served only by the company’s
BaFin-regulated German entity, which will focus on lower-risk assets such
as stocks, bonds, and ETFs.
RoboMarkets Adds 1,160 Stocks and ETFs
The expansion includes 679 US stocks, 391 European and UK
stocks, 73 Swiss stocks, and 23 UCITS ETFs. These assets span sectors including
finance, technology, healthcare, industrials, and consumer goods.
Notable US technology stocks include Vimeo Inc., Ziff Davis
Inc., and Similarweb Ltd. Consumer-focused additions include Despegar.com Corp
and Zhihu Inc. Healthcare entries include Inari Medical Inc. and USANA Health
Sciences Inc. Financial and industrial additions feature WSFS Financial
Corporation and Teledyne Technologies Incorporated.
The platform has also added key ETFs, including the iShares
Core S&P 500 UCITS ETF, Vanguard S&P 500 UCITS ETF, and iShares Core
MSCI World UCITS ETF.
You may want to read at financemagnates.com: RoboMarkets
Expands European Reach, Taps Mateusz Żelek as Managing Director for Poland.
Introducing Zero Commission and New Terms
RoboMarkets has updated trading terms alongside the asset
expansion. The company has introduced zero commission on European stocks and
ETFs, reduced spreads by lowering markups, and made UCITS ETFs available to
retail clients.
Meanwhile, the Cyprus-based CySEC-regulated entity will
shift to serving institutional clients only. From early 2025, it has decided to stop
offering high-risk and leveraged products such as FX and CFDs to European
retail clients.
RoboMarkets Extends Partnership with BMW M Motorsport
Last year, RoboMarkets
extended its partnership with BMW M Motorsport for the 2024-2025 Deutsche
Tourenwagen Masters (DTM) seasons. The deal includes branding on the BMW M4 GT3
race car and media stands. RoboMarkets has been collaborating with BMW M
Motorsport since 2019. The 2024 DTM season includes eight races across Germany,
the Netherlands, and Austria.
This article was written by Tareq Sikder at www.financemagnates.com.
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