OMF Announces Launch of Online Platform Offering and New Appointments

OM Financial Limited (OMF) has today announced the launch of two online trading platforms to further enhance their foreign exchange and equity trading services.  OMF is a foreign exchange, futures, options and equities brokerage firm providing 24 hour service to clients.  The recent investment in technology will shift their original phone based advisory and execution business model to a hybrid model, offering a phone based service via their Auckland and Wellington dealing rooms and/or a fully integrated online solution.

OMF’s traditional margin foreign exchange service is now complemented by OMF cTrader, an award winning FX trading platform that provides Straight Through Processing (STP) access to the forex market.  OMF cTrader will offer clients a web based or downloadable application with pricing aggregated from many prominent banks, avoiding the need for market maker type intervention and doing away with the potential for price manipulation and re-quotes.

In the equity markets, OMF now offers OMF MarketTrader, an online platform that allows direct access to over 100 international exchanges, across 23 countries. Clients can trade a full range of global equity products, futures products and access comprehensive reporting and professional research tools from some of the world’s most respected data providers.

“We are delighted that we are now able to present our clients with an online offering that provides complete control over their FX and Equity trading, whilst still being able to offer the high touch advisory service our clients have come to expect from us,” said Brian Watt, Managing Director.

Having a complete online offering has resulted in a change to the internal structure of the dealing room, with the appointment of Matthew Blackwell, Director of Business Development.  Matt joins OMF having returned to New Zealand from Asia, the last nine years having been spent in Singapore, and will focus on building and managing the online distribution platforms and executing OMF’s online strategy.

Matthew commented, “I am thrilled to be back in New Zealand and joining OMF at such an exciting development phase in the Company’s evolution. The online product offering OMF has is world class and complements the existing voice based advisory and execution business. Our experience in Global markets, and the ease at which our clients can now access these markets via our online platforms has OMF very well placed to meet our customers’ needs and grow this business in the future.”
OMF’s traditional advisory and execution service remains vital to the business and is the perfect accompaniment to the evolving online platforms that OMF provide.  The delivery of those services across OMF’s extensive product range will be driven by Nigel Brunel, Director Financial Markets.

OMF is a NZ owned and operated, full service brokerage firm with a strong and established reputation in the financial markets. Our status as a premier broker has us advising and facilitating trades on a full range of financial products available in the FX, carbon, options, equities, CFDs and futures markets. Operating in these highly competitive and regulated markets requires experience, integrity and superior levels of client service. Collectively, our dealing desk harnesses hundreds of years of experience within the industry.

OMF has offices in Auckland and Wellington, New Zealand. For more information visit www.omf.co.nz .