CMC Markets Joins Forces with Upvest to Introduce Multi-Currency Securities in Germany

CMC Markets has partnered with Upvest to launch stocks, ETFs, and mutual funds denominated in GBP, EUR, and USD in Germany. This initiative is a step toward a broader European rollout as CMC Markets aims to become a multi-asset broker. Upvest's integrated API provides the necessary infrastructure, supporting CMC Markets' expansion plan.

The partnership enables CMC Markets' users in Germany to access diverse securities on a single platform, enhancing ease of investment. This also includes future localized products like pension offerings. The collaboration underscores Upvest's role as a key infrastructure provider in Europe, bolstered by a recent $125 million funding round.

Christine Romar of CMC Markets highlights the significance of this alliance, emphasizing its role in expanding their multi-asset broker capabilities across Europe. Meanwhile, Upvest’s CEO, Martin Kassing, assures that their infrastructure will support CMC's ambitious European securities offering.