Israeli bank ONE ZERO taps ViewTrade’s securities trading platform
“We’re excited to have been chosen as their technology partner, and our partnership is just beginning; as ONE ZERO continues to expand, we are looking forward to helping out.”
Israel’s ONE ZERO Digital Bank has selected ViewTrade as the broker and technology partner for its new securities trading platform, allowing Israeli investors seamless access to US markets.
The partnership will allow ONE ZERO customers to trade in a wide variety of equities and exchange-traded funds listed on the New York Stock Exchange and NASDAQ, using either foreign currency or shekel accounts.
“Enhancing the retail investing experience”
Moran Zur, regional manager for Europe and Israel at ViewTrade, said: “ONE ZERO has brought unique, entrepreneurial thought to the trading space, and this is one of the most exciting projects we have been a part of. We are big believers in their professional team and visionary business model that are bringing new access and opportunity to investors in Israel. We’re excited to have been chosen as their technology partner, and our partnership is just beginning; as ONE ZERO continues to expand, we are looking forward to helping out.”
Gal Bar Dea, CEO of ONE ZERO Digital Bank, added: “ViewTrade partnered with us to build a fully digitized solution for our customers’ financial needs. We’re pleased to be enhancing the retail investing experience and helping a diverse array of customers to build wealth.”
ViewTrade has been present in the Israeli market for more than 20 years and currently provides technology and brokerage services to several Tel Aviv Stock Exchange (TASE) members, with an extensive presence among non-bank participants.
ONE BANK to employ ViewTrade’s API and FIX connection to power trading
The Isaeli bank will employ ViewTrade’s API and FIX connection to power trading on its signature app that previously provided only banking services.
The new trading platform enables independent trading on US stock exchanges at competitive prices and will help clients consolidate their financial activity through a single provider.
Traders can execute individual trades or subscribe to a monthly package with no maintenance or trading fees and no minimum commissions, regardless of the order amount. In addition, the bank provides investors with real-time AI-generated insights and updates about their investment portfolio.
ViewTrade caters to firms in 26 countries
Earlier this year, ViewTrade reported extensive customer growth over the course of 2022 as its client base increased by more than 35% and total accounts powered by ViewTrade technology increased by more than 200% from October 2021 to October 2022.
Culminating in the launch of a carrying broker services offering in December, 2022, TradeView’s successful year also came on the heels of its geographical expansion, now serving financial services firms in 26 countries.
ViewTrade provides technology, support, and brokerage services that enable clients to quickly launch or enhance a retail investing experience, in turn arming their own retail investor customers with leading-edge solutions and tools to help build wealth.
Whether a client uses its in-house broker (ViewTrade Securities, Inc.), handles brokerage yourself, or uses other firms for brokerage, clearing and custody, they can work with third parties using the ViewTrade technology.
The platform features:
- Pre-market, post-market and overnight trading of U.S. equities
- Access to global markets via our established network of executing partners and exchange memberships
- Fractional share and dollar-based investing
- Single and multi-leg options
- Retail and omnibus account services
- Introducing broker services to established clearing firms and custodians
- Brokerage and operations support in English, Mandarin, Cantonese, Hebrew, and Spanish
- Pricing flexibility that aligns with your revenue models
Forthcoming additions to the ViewTrade offering include:
- Introducing next-generation web and mobile apps
- Introducing expanded bank custody relationships and services
- Introducing enhanced version of ViewTrade’s Watchmen platform, the OMS for Retail
- Introducing new products targeting long-term and high net-worth investors
- Establishing ViewTrade’s first full-service international operations center to meet the needs of financial services firms catering to non-U.S. residents
Securities and brokerage services are provided by ViewTrade Securities Inc, a broker-dealer registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and SIPC. Technology and business solutions are provided by Orbis Systems Inc. Orbis and ViewTrade Securities Inc. are affiliated and collectively referred to as “ViewTrade”.
