Ultima Markets Becomes First CFD Broker in UN Global Compact

Tuesday, 17/12/2024 | 07:18 GMT by Damian Chmiel

The initiative focuses on implementing sustainability principles and currently gathers 25,000 companies.

It "advances ethical financial services and contributes to a sustainable future," according to Ultima's Jean Philippe.

Ultima's Jean Philippe at UN Global Compact’s New York Headquarters

Ultima Markets has become the first CFD broker to join the UN Global Compact initiative, marking a significant shift in the trading industry's approach to sustainability. The company commits to aligning its operations with UN's Sustainable Development Goals while focusing on environmental responsibility and social equity.

CFD trading provider Ultima Markets has joined the United Nations Global Compact, becoming the first contract for difference (CFD) broker to participate in the world's largest corporate sustainability initiative.

First CFD Broker Joins UN Global Compact Initiative

The move positions the financial services firm among 25,000 organizations across 167 countries committed to aligning their business practices with sustainable development principles. The UN Global Compact focuses on implementing universal sustainability principles and supporting UN goals.

"Joining the Compact initiative advances ethical financial services and contributes to a sustainable future," said Jean Philippe, Board Advisor for Corporate Governance and Sustainability at Ultima Markets, during the announcement at the UN Global Compact's New York headquarters. “Sustainability is embedded in our core mission. As an essential player in the finance and technology industry, we focus on aligning our operations and business practices with the Global Goals.”

Ultima Markets might not be the largest broker in terms of trading volume, but it received the “Most Popular Broker Award 2024” from BrokersView this year. It holds licenses in several jurisdictions, including Cyprus, and operates 15 offices worldwide with over 2,000 employees.

Strategic Commitments

The broker has outlined several key focus areas aligned with the UN's Sustainable Development Goals (SDGs). These include promoting financial literacy programs, implementing eco-friendly office practices, and leveraging technology to improve financial services accessibility.

Ultima’s Vice President of Marketing , Ernest You, was among the guests at this year’s Finance Magnates London Summit (FMLS:24), where he took part in a panel titled “CRM in 2025: The Light at the End of the Funnel.”

"The future of CRM was evolving rapidly," he said, "thanks to AI and machine learning . These tools enabled brokers to predict client needs by analyzing behaviors and preferences, allowing us to provide more personalized and proactive service."