BUCHAREST, Romania, September 18, 2024–(BUSINESS WIRE)–TradeVille, a leading Romanian retail brokerage house, and ViewTrade, a global investment and trading technology firm, have announced a strategic partnership designed to enhance the investment experience for Romanian retail clients.
Miriam Andrei, TradeVille CEO, shared her thoughts on the collaboration: “Partnering with ViewTrade marks an important step for TradeVille. This collaboration will improve the experience for Romanian retail clients by providing better access to global markets. With ViewTrade’s support and expertise, we’re improving our client’s ability to engage with international markets, including access to the US stock market. Their openness, responsiveness, and the tailored, flexible solutions they offer truly help us meet our clients’ unique needs.”
Benefits for Romanian retail Clients:
Streamlined Access to US Markets: the partnership simplifies the entry into the US market, making it easier and more cost-effective for clients to trade, enhancing portfolio diversification and opening up new investment opportunities.
Simplified International Transfers: clients will benefit from easier and more efficient international transfers, reducing the hassle and complexity of moving funds across borders.
Expanded Investment Features: TradeVille will soon introduce a range of advanced features, including fractional shares and extended trading hours, designed to offer clients greater flexibility and enhanced opportunities for managing their investments.
TradeVille, with 30 years of experience in the Romanian brokerage industry, is a dominant force in the market. It handles a significant part of the total trading volume on the Bucharest Stock Exchange and serves over 80,000 active clients. This partnership is expected to bring substantial efficiencies to the Romanian retail brokerage landscape, saving investors time and resources while enabling access to a broader range of investment options.
Annabel Lukens, Business Development Specialist at ViewTrade, highlighted the potential impact of the partnership: “Partnering with TradeVille is a strategic step for ViewTrade as we expand our footprint in Eastern Europe. The Romanian market offers significant potential, and we are excited to work with TradeVille to deliver innovative solutions that will empower local retail investors. We aim to provide a seamless and efficient platform that simplifies cross-border investing and unlocks new growth opportunities.”
By leveraging ViewTrade’s technology, TradeVille will offer enhanced market access, allowing clients to trade on international markets easily. The seamless cross-border investing platform will empower retail investors with greater efficiency, reduced costs, and a wider range of investment opportunities.
