ThinkMarkets Adds over 2,500 US-Listed Stocks, ETFs to Platform

Thursday, 19/05/2022 | 18:53 GMT by Solomon Oladipupo
  • Clients can now trade over 4000 stocks and ETFs.
  • ThinkMarkets added five crypto CFDs to its platform in April.
ThinkMarkets Adds Over 2,500 US-Listed Stocks, ETFs to Trading Platform
ThinkMarkets

ThinkMarkets, a multi-asset online broker, has added over 2,500 shares and exchange-traded funds (ETFs) to its trading platform .

The broker, a registered trademark of the global financial services provider, ThinkMarkets Group, announced the addition on Wednesday to its website.

The company said the move brings it closer to its goal of providing its clients with contracts for difference (CFDs) on the most liquid stocks traded on the New York Stock Exchange and NASDAQ.

With the addition, ThinkMarkets said its customers can now trade stocks and choose from over 4000 listed stocks and ETFs “from the Reddit darling, GameStop, to Rupert Murdoch’s Fox Corp empire, from Yelp to Zillow.”

“Our ThinkTrader platform has proven to be reliable and easy to use. With the expansion of our US-listed assets, we’re enabling our customers to explore the depths of the U.S. stock market and choose stocks and ETFs that have previously been under the radar,” the broker said in the statement.

The new addition follows ThinkMarkets’ inclusion of five new crypto CFDs to its portfolio in April after entering the Japanese forex trading market a month earlier.

The five tokens added are BNB (Binance Coin), LUNA (Terra), AVAX (Avalanche), ATOM (Cosmos) and ALGO (Algorand).

Ongoing Legal Battle

ThinkMarkets and IS Prime are currently in court, with the latter claiming an exclusive liquidity contract breach by the former.

According to a court document, IS Prime alleged that from about 18 September 2018, ThinkMarkets used the services of another broker or brokers for business when it was obliged to use IS Prime exclusively until 17 January 2020.

IS Prime said the action was in breach of a Liquidity Addendum dated 19 January 2017 and signed by both companies after the acquisition of Think Liquidity by IS Risk Analytics.

However, in the latest update to the legal tussle, Finance Magnates reported exclusively that a British court in a second hearing rejected IS Prime’s attempts to strike out part of ThinkMarkets’ counterclaims on the case.

Earlier, the court had determined that IS Prime’s dispute against ThinkMarkets had no real prospect of succeeding.

ThinkMarkets, a multi-asset online broker, has added over 2,500 shares and exchange-traded funds (ETFs) to its trading platform .

The broker, a registered trademark of the global financial services provider, ThinkMarkets Group, announced the addition on Wednesday to its website.

The company said the move brings it closer to its goal of providing its clients with contracts for difference (CFDs) on the most liquid stocks traded on the New York Stock Exchange and NASDAQ.

With the addition, ThinkMarkets said its customers can now trade stocks and choose from over 4000 listed stocks and ETFs “from the Reddit darling, GameStop, to Rupert Murdoch’s Fox Corp empire, from Yelp to Zillow.”

“Our ThinkTrader platform has proven to be reliable and easy to use. With the expansion of our US-listed assets, we’re enabling our customers to explore the depths of the U.S. stock market and choose stocks and ETFs that have previously been under the radar,” the broker said in the statement.

The new addition follows ThinkMarkets’ inclusion of five new crypto CFDs to its portfolio in April after entering the Japanese forex trading market a month earlier.

The five tokens added are BNB (Binance Coin), LUNA (Terra), AVAX (Avalanche), ATOM (Cosmos) and ALGO (Algorand).

Ongoing Legal Battle

ThinkMarkets and IS Prime are currently in court, with the latter claiming an exclusive liquidity contract breach by the former.

According to a court document, IS Prime alleged that from about 18 September 2018, ThinkMarkets used the services of another broker or brokers for business when it was obliged to use IS Prime exclusively until 17 January 2020.

IS Prime said the action was in breach of a Liquidity Addendum dated 19 January 2017 and signed by both companies after the acquisition of Think Liquidity by IS Risk Analytics.

However, in the latest update to the legal tussle, Finance Magnates reported exclusively that a British court in a second hearing rejected IS Prime’s attempts to strike out part of ThinkMarkets’ counterclaims on the case.

Earlier, the court had determined that IS Prime’s dispute against ThinkMarkets had no real prospect of succeeding.

About the Author: Solomon Oladipupo
Solomon Oladipupo
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About the Author: Solomon Oladipupo
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
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