The move is part of building a multi-brand financial services group amid growth in active customers and volumes.
“We want to deliver on our vision of ensuring the end client comes first,” said Michael Ayres, CEO of Rostro Group.
Scope Markets is rebranding and presenting a new logo, Finance Magnates has learned exclusively.
“The motivation is to align our core foundational focus of building a
multi-brand financial services group,” revealed Michael Ayres, CEO of Rostro Group,
which includes Scope. Ayers added that the number of active clients increased by over 30% in 2024 while volumes grew by 150%.
Scope Markets Aims to “Democratize Access to Financial Markets”
Scope Markets has prepared
a brand overhaul that aims to reflect the company's approach to offering
clients more financial instruments and products. On one hand, Scope is
focusing on “democratizing” access to investing, while on the other, it's
adapting its current offering to the increasing number of clients, which, according
to the company, has reached record levels.
As Ayres
claims, the rebrand is the final
step in completing the integration of Scope Markets into Rostro after its purchase in 2022, which
comprises a regulated group of brokers with licenses held in Cyprus, Belize,
Seychelles, South Africa, Kenya, and Mauritius.
“In
line with our broader ambitions at Rostro to effect change in financial
inclusion at a global level, we will be launching further enhancements to our
internal product set and the wider customer experience,” commented Ayres.
What new
features can clients expect? Some time ago, Scope Markets introduced
unleveraged fractional stocks (executed as CFDs) via its Scope Invest account,
providing exposure to 2,000 different stocks. The company is also implementing
a new client onboarding system after expanding its in-house technology team.
“The rebrand ensures that the internal values we live
by are also externally presented, both through our existing Scope Markets,
Scope Prime and Rostro Group brands as well with the birth of additional
commercial brands in 2025 and beyond,” Ayres added.
Finance
Magnates sat down with Rostro's CEO to ask him about the latest rebranding, the
Group's plans for the coming years, and how the industry is changing.
“We Have a Trading
DNA as an Organization”
How does the rebranding reflect Scope Markets' expansion plans or
target markets?
“We already
serve clients in Africa, Asia, and the Middle East, so our plan is really to deepen
the extent of that coverage via these three core geographies. Our focus into
2025 is on capturing a greater market share within the regions where we are
already well placed, building on the operational efforts and work carried out
in 2023 and 2024, which has set a foundation for scalable and sustainable
growth.”
Can you share any specific metrics or goals you hope to achieve this
year and in 2025?
“2024 has
seen active clients grow by 32% and ADV grow by 147%, with the business on track to
reach our annual targets in December. We expect to see both acquisition and
activation metrics improve by a factor of 50%, which will then be tested and
iterated through our in-house onboarding system, with data-driven fine-tuning
to ensure we are working toward this outcome.
“Our growth
story so far has been pretty impressive, and especially given our strategic
choice to look within and focus on the product and really narrow focus on a few
large-scale key projects, rather than just create a wide net of initiatives and
brand work with the assumption more is best.”
Since the beginning of 2023, Scope Markets has been part of the
Rostro Group. Is the rebranding related to this acquisition? How has the Scope
changed since then?
“Absolutely!
We could have attempted this last year, with a quick and colourful change and
quicker route to market, but that was not what we wanted to deliver. The moment
now marks the start of a new chapter for the wider Rostro Group, which through
organic growth and also acquisition targets, will continue expanding on our
multi-brand multi-product business model.”
Can you
elaborate on the fractional share CFD products launched a few months ago? How
have your clients received them so far?
“This is
just the start of a wide range of product rollouts that you will see.
Our target markets in Africa, Asia, and the Middle East, were only being partially
served when it came to the fractional share offering and indeed when it came to
getting cost-effective access to equity markets, so we moved quickly to provide
this via our own market-making solution. Interest is
gathering pace now, which will be fueled by this rebrand.”
Could you reveal which CFDs in Scope's offer are currently the most
popular?
“The market is still seeing XAU as the most in-demand from both our retail
and institutional clients, which is logical given the various economic and
geopolitical factors driving the demand behind the haven product. From here we
are seeing a diverse blend of US and EU indices, commodities and then G4
crosses, and most recently an increase in single stock activity in the likes of
Tesla, Nvidia, Apple.”
What other product innovations can we expect from Scope Markets in
the near future?
“We are
launching a fully re-engineered onboarding solution, which provides a better
experience for customers and essentially gets them to their goal of accessing
our extensive range of markets quicker and easier. We have also built out our
own client portal and back office for Scope Prime, which provides bespoke
reporting to our broker, hedge fund, manager and regional bank customers.
“You will
have also seen earlier in the year the launch of our partnership with IRESS for
DMAequities, which will have some additional coverage and value adds coming in
Q4, plus one other additional institutional platform before year-end.”
What makes Rostro different to the market? What do you have planned
for the long term?
“We have a
trading DNA as an organization. From our Founder, Roger Hambury, myself as CEO,
our global executive team, and right the way through the spine of the business,
we have a range of people who have sat on bank dealing desks, executed for
hedge funds, provided seamless solutions for wealth managers, across equities,
fixed income, rates, options, FX and cryptocurrencies. It means that we really
grasp what the market is, and essentially that is the product we provide access
to, via various channels and platforms.
“Long term,
we want to deliver on our vision of ensuring the end client comes first.
We know the market provides for dynamic changes in customer needs, so we are
built to ensure we can be agile in adopting new products and services, but in a
scalable and operationally efficient manner.”
Scope Markets is rebranding and presenting a new logo, Finance Magnates has learned exclusively.
“The motivation is to align our core foundational focus of building a
multi-brand financial services group,” revealed Michael Ayres, CEO of Rostro Group,
which includes Scope. Ayers added that the number of active clients increased by over 30% in 2024 while volumes grew by 150%.
Scope Markets Aims to “Democratize Access to Financial Markets”
Scope Markets has prepared
a brand overhaul that aims to reflect the company's approach to offering
clients more financial instruments and products. On one hand, Scope is
focusing on “democratizing” access to investing, while on the other, it's
adapting its current offering to the increasing number of clients, which, according
to the company, has reached record levels.
As Ayres
claims, the rebrand is the final
step in completing the integration of Scope Markets into Rostro after its purchase in 2022, which
comprises a regulated group of brokers with licenses held in Cyprus, Belize,
Seychelles, South Africa, Kenya, and Mauritius.
“In
line with our broader ambitions at Rostro to effect change in financial
inclusion at a global level, we will be launching further enhancements to our
internal product set and the wider customer experience,” commented Ayres.
What new
features can clients expect? Some time ago, Scope Markets introduced
unleveraged fractional stocks (executed as CFDs) via its Scope Invest account,
providing exposure to 2,000 different stocks. The company is also implementing
a new client onboarding system after expanding its in-house technology team.
“The rebrand ensures that the internal values we live
by are also externally presented, both through our existing Scope Markets,
Scope Prime and Rostro Group brands as well with the birth of additional
commercial brands in 2025 and beyond,” Ayres added.
Finance
Magnates sat down with Rostro's CEO to ask him about the latest rebranding, the
Group's plans for the coming years, and how the industry is changing.
“We Have a Trading
DNA as an Organization”
How does the rebranding reflect Scope Markets' expansion plans or
target markets?
“We already
serve clients in Africa, Asia, and the Middle East, so our plan is really to deepen
the extent of that coverage via these three core geographies. Our focus into
2025 is on capturing a greater market share within the regions where we are
already well placed, building on the operational efforts and work carried out
in 2023 and 2024, which has set a foundation for scalable and sustainable
growth.”
Can you share any specific metrics or goals you hope to achieve this
year and in 2025?
“2024 has
seen active clients grow by 32% and ADV grow by 147%, with the business on track to
reach our annual targets in December. We expect to see both acquisition and
activation metrics improve by a factor of 50%, which will then be tested and
iterated through our in-house onboarding system, with data-driven fine-tuning
to ensure we are working toward this outcome.
“Our growth
story so far has been pretty impressive, and especially given our strategic
choice to look within and focus on the product and really narrow focus on a few
large-scale key projects, rather than just create a wide net of initiatives and
brand work with the assumption more is best.”
Since the beginning of 2023, Scope Markets has been part of the
Rostro Group. Is the rebranding related to this acquisition? How has the Scope
changed since then?
“Absolutely!
We could have attempted this last year, with a quick and colourful change and
quicker route to market, but that was not what we wanted to deliver. The moment
now marks the start of a new chapter for the wider Rostro Group, which through
organic growth and also acquisition targets, will continue expanding on our
multi-brand multi-product business model.”
Can you
elaborate on the fractional share CFD products launched a few months ago? How
have your clients received them so far?
“This is
just the start of a wide range of product rollouts that you will see.
Our target markets in Africa, Asia, and the Middle East, were only being partially
served when it came to the fractional share offering and indeed when it came to
getting cost-effective access to equity markets, so we moved quickly to provide
this via our own market-making solution. Interest is
gathering pace now, which will be fueled by this rebrand.”
Could you reveal which CFDs in Scope's offer are currently the most
popular?
“The market is still seeing XAU as the most in-demand from both our retail
and institutional clients, which is logical given the various economic and
geopolitical factors driving the demand behind the haven product. From here we
are seeing a diverse blend of US and EU indices, commodities and then G4
crosses, and most recently an increase in single stock activity in the likes of
Tesla, Nvidia, Apple.”
What other product innovations can we expect from Scope Markets in
the near future?
“We are
launching a fully re-engineered onboarding solution, which provides a better
experience for customers and essentially gets them to their goal of accessing
our extensive range of markets quicker and easier. We have also built out our
own client portal and back office for Scope Prime, which provides bespoke
reporting to our broker, hedge fund, manager and regional bank customers.
“You will
have also seen earlier in the year the launch of our partnership with IRESS for
DMAequities, which will have some additional coverage and value adds coming in
Q4, plus one other additional institutional platform before year-end.”
What makes Rostro different to the market? What do you have planned
for the long term?
“We have a
trading DNA as an organization. From our Founder, Roger Hambury, myself as CEO,
our global executive team, and right the way through the spine of the business,
we have a range of people who have sat on bank dealing desks, executed for
hedge funds, provided seamless solutions for wealth managers, across equities,
fixed income, rates, options, FX and cryptocurrencies. It means that we really
grasp what the market is, and essentially that is the product we provide access
to, via various channels and platforms.
“Long term,
we want to deliver on our vision of ensuring the end client comes first.
We know the market provides for dynamic changes in customer needs, so we are
built to ensure we can be agile in adopting new products and services, but in a
scalable and operationally efficient manner.”
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
MetaTrader 5 Now Supports over 40 Payment Options for Global Traders
Transformation in the APAC Trading Landscape and Beyond | FMPS:24
Transformation in the APAC Trading Landscape and Beyond | FMPS:24
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
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Ready to Scale? Regtech in Australia, A Global View | FMPS:24
Ready to Scale? Regtech in Australia, A Global View | FMPS:24
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Resilience in Trading: From Third Class To World Class | FMPS:24
Resilience in Trading: From Third Class To World Class | FMPS:24
Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
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Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
📣 Stay updated with the latest in finance and trading!
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IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24
IBs and Brokers: The Good, The Bad, The Ugly | FMPS:24
For most brokers, IBs and trading educators are invaluable partners, driving highly targeted traffic from key regions. However, without proper management, these relationships can quickly turn sour. In this session, gain an insider’s perspective on the types of licenses IBs need in APAC, the crucial details in IB agreements that both parties must scrutinize, common disputes between IBs and brokers and effective resolutions, and the pros and cons of transitioning from IB to broker.
Speakers:
Melody Gao, Senior Lawyer, Sophie Grace
James Perry-Keene, Head of Strategic Partnerships, Pepperstone
Christopher Balanzategui, CEO, N3tworx
#fmps #fmps24 #fmevents #IBAgreements #BrokerPartnerships #TradingIndustry #APACFinance #FinancialRegulation
📣 Stay updated with the latest in finance and trading!
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For most brokers, IBs and trading educators are invaluable partners, driving highly targeted traffic from key regions. However, without proper management, these relationships can quickly turn sour. In this session, gain an insider’s perspective on the types of licenses IBs need in APAC, the crucial details in IB agreements that both parties must scrutinize, common disputes between IBs and brokers and effective resolutions, and the pros and cons of transitioning from IB to broker.
Speakers:
Melody Gao, Senior Lawyer, Sophie Grace
James Perry-Keene, Head of Strategic Partnerships, Pepperstone
Christopher Balanzategui, CEO, N3tworx
#fmps #fmps24 #fmevents #IBAgreements #BrokerPartnerships #TradingIndustry #APACFinance #FinancialRegulation
📣 Stay updated with the latest in finance and trading!
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