CFOtech Australia - Technology news for CFOs & financial decision-makers
Story image

Moomoo Australia partners with GraniteShares for exclusive ETFs

Today

Moomoo Australia has established an exclusive partnership with global investment firm GraniteShares to enhance access to specialist exchange-traded funds (ETFs) for Australian investors.

This partnership designates moomoo as the sole cooperating broker for GraniteShares in Australia, enabling moomoo users to gain tailored access to thematic investment opportunities. Additionally, GraniteShares will provide market analysis and specialised content through moomoo's platform.

Moomoo Australia's Chief Commercial Officer Michael McCarthy expressed enthusiasm about the partnership's potential for users. "Moomoo is always looking to make sure our customers have access to the newest and most popular securities, and GraniteShares most certainly fits that bill," McCarthy said.

He added, "We are delighted to have signed this partnership with GraniteShares to give moomoo users direct access to its innovative portfolio of ETFs, including exciting single-stock funds that offer exposure to the daily movement of companies including Apple, Nvidia, Amazon and Tesla."

McCarthy emphasised moomoo's commitment to innovation through an array of services such as AI optimisation to facilitate easier trading with dedicated support. "The GraniteShares partnership is another example of this innovative approach to ensure moomoo users are ahead of the game," he stated.

Will Rhind, Chief Executive Officer of GraniteShares, highlighted moomoo as the ideal collaborator for this partnership. "As an entrepreneurial ETF provider that delivers innovative, cutting-edge alternative investment solutions, we are always looking for new ways to offer better investment options to our clients," Rhind said.

He continued by noting GraniteShares' objective to disrupt the ETF marketplace by providing cost-effective innovative solutions with enhanced transparency and insights for improved trading experiences. "Whether investors are looking for commodities such as gold or platinum, seeking exposure to market-leading businesses such as Microsoft, Meta or Uber, or a diversified ETF focused on income, GraniteShares can help," Rhind explained.

Rhind acknowledged the shared vision between the two companies, stating, "We see moomoo as a kindred spirit in that regard, because it is also pushing the boundaries to give investors better and more affordable access to a broader range of investment opportunities."

He also expressed anticipation for a long-term collaboration, saying, "We look forward to working with moomoo Australia over many years to come."

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X