Fri, August 19, 2022

ACY Securities Opens New Office in Melbourne, Eyes 2024 IPO

Broker News

On Monday, the Australian-based currency and CFD broker, ACY Securities, announced the opening of a new office in Melbourne. It was part of the company’s efforts to enhance and expand its operations. This year it has plans to open additional offices.

In a recent press release, the ACY Group also announced plans for another corporate restructuring. ACYLogix Pty Ltd joins ACY Securities and Zerologix, the financial services and technology divisions of Acuity Brands.

The merger should help the brokerage firm move in the direction of becoming a fintech. Furthermore, it plans to go public within the next several years.

In a recent company-wide meeting, Chief Executive Officer Jimmy Ye announced that PWC will lead ACY Securities to an IPO in 2024. He also expressed his excitement for the opportunities that lie ahead for the company. According to him, ACYLogix should have massive growth in the next few years.

The growth presents a wealth of opportunities for employees to explore different career paths and to advance within the company. Hence, Jimmy Ye encouraged all team members to take advantage of these opportunities, stating that they are there for everyone to “see fit.” His announcement was met with enthusiasm from the employees looking forward to what the future holds for ACY Securities.

Another Aussie Broker with High Ambitions

ACY Securities is a CFD and forex broker based in Australia, established in 2013. The ACY Securities platform provides trading services for multiple assets, including equities, indices, commodities, and exchange-traded funds (ETFs). Australia and Vanuatu regulate the company.

Meanwhile, the platform is adding new instruments to its portfolio. Andrew Taylor, a veteran in the industry, recently became the Managing Director. He plays an essential part in achieving the company’s growth objectives.

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