IC Markets sponsors Rugby World Cup Sevens in South Africa

Rick Steves

“This is a great opportunity to be a part of the reopening of South Africa. The Rugby World Cup Seven’s attributes of a highly competitive and innovative sport are strongly aligned with our own IC Markets value proposition.”

IC Markets has partnered with World Rugby in order to become a Global Partner for the Rugby World Cup Sevens, which takes place in Cape Town, South Africa from 9- 11 September 2022.

The sponsorship deal will come as an opportunity for the leading Forex CFD broker as its brand will benefit from high exposure with the masses since an estimated 165,000 fans are expected to travel to South Africa for the event.

The sponsorship deal will include IC Markets’ branding and ownership of the game statistics during the matches.

Brand exposed to 165,000 flocking to South Africa

The Rugby World Cup Sevens will take on a festival atmosphere on a global scale with a the three-day carnival of high-octane rugby sevens action marking the reopening of South Africa to tourism following the pandemic.

Rugby World Cup Sevens will be played over three days in iconic Cape Town and feature 24 men’s and 16 women’s teams from around the world. IC Markets joins DHL, Castle Lite, FNB, and TUDOR as a Global Partner.

Alan Gilpin, Chief Executive Officer at World Rugby, commented: “Rugby World Cup Sevens is all set to be a record-breaking celebration of rugby sevens welcoming players, teams and fans from right across the globe. We are delighted to welcome IC Markets as a Global Partner to what promises to be an unforgettable event in Cape Town.”

Andrew Budzinski, Chief Executive Officer at IC Markets, said: “This is a great opportunity to be a part of the reopening of South Africa. The Rugby World Cup Seven’s attributes of a highly competitive and innovative sport are strongly aligned with our own IC Markets value proposition.”

IC Markets has more than 200,000 active traders on the platform, with order executions totaling USD$1.11 trillion in volume traded (March 2022).

The broker, founded in 2007, is renowned for its competitive pricing and low spreads and caters to both retail and institutional participants alike.

Past sports sponsorship deals include ‘The Ashes’ held in Sydney, Australia 2022, and Spain’s La Liga and Germany’s Bundesliga professional leagues, in the 2021/22 season.

IC Markets joined FinaCom as a member

IC Markets has officially joined the list of Approved Broker Members of the Financial Commission on November 24th 2021. Membership provides the brokerage firm and its customers with to access a wide range of services and membership benefits including, but not limited to, protection of up to €20,000 per client, backed by the EDR’s compensation fund.

The Financial Commission is an independent external dispute resolution (EDR) that provides services to CFDs, foreign exchange (forex), and cryptocurrency markets industry participants.

IC Markets will now benefit from the 3rd party mediation platform which helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes.

Brokerages and independent service providers (ISPs) utilize the services of the self-regulatory organization to obtain a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.

Read this next

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

Digital Assets

Monex Group expands crypto business with 3iQ takeover

Monex Group has completed the acquisition of a majority stake in 3iQ Digital Holdings, Inc., a Canadian digital asset investment fund manager, as part of its strategy to expand its crypto business.

Education, Fintech, Inside View

How to Get Into Fintech: Best Tips to Succeed

The Fintech sector is experiencing significant growth, with fresh opportunities emerging rapidly.  Innovations such as machine learning and cryptocurrency are revolutionising finance, leading to a need for trained experts.

Digital Assets

FalconX launches Prime Connect on Deribit

“We are pleased to launch Prime Connect with Deribit and look forward to providing our full suite of prime services which allow institutions to confidently scale their digital assets portfolios while trading on exchanges.”

Retail FX

Lion launches multi-currency trading accounts powered by AI

The core advantages of multi-currency trading account services include enabling significant cost savings and higher efficiency for investors.

Inside View, Interviews

Interview: Stanislav Bunimovich on Finalto’s white label solution

To explore what makes Finalto’s white-label solutions stand out in such an incredibly competitive market, Finalto sat down with its Chief Operating Officer, Stanislav Bunimovich, for an interview. 

Digital Assets

Talos acquired Cloudwall for a better portfolio management system

Cloudwall’s additional expertise in portfolio risk systems further positions Talos at the forefront of portfolio management systems across spot, futures, perps, and options.

Digital Assets

Bybit’s Bitcoin market share explodes, up by 400%

“This milestone is a testament to our sharp trading products and the loyalty of our users. As the industry evolves, Bybit remains at the forefront, ready to set new standards in the crypto trading world.”

Crypto Insider

Why Self-Custody is the Key to Secure Crypto Trading

Crypto trading is fast gaining popularity; as of writing, the total market capitalization stands at $2.3 trillion, double what it was at the onset of the 2021 bull market.

<