OpenMarkets

Australia’s Next Evolution Online Trading Platform

  • Financial Tech
  • Australia
  • September 2012
  • 10-20
Funded
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OpenMarkets

Australia’s Next Evolution Online Trading Platform

$1,935,000
Raised
194%
of$1,000,000

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Featured Investors
CapitalPitch

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Profile

Highlights

  • Turnover $3bn+ per month
  • The only online broker connected to the ASX, NSX, SIM VSE and Chi-X Australia
  • Founded in June 2013, live in Jan 2015 and are now the second largest online broker (by trade turnover) in Australia

Business Summary

OpenMarkets is an advanced IT focused online broking firm, which was founded in 2012, that offers a completely independent service. It provides clients, based locally and abroad, with direct market access to ASX, Chi-X and NSX markets, ASX Exchange Traded Options, ASX Warrants and Exchange Traded Funds, Managed Funds and a range of Fixed Income products provided by the leading banks.

Pitch Deck

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Management

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Rick Klink

CEO
Rick is an IT specialist with more than 20 years’ experience in financial services. He's committed to breaking new grounds in online investing. Following a successful 10 year career with IBM, Rick left in 1997 to start investment software company, Paritech - the technology behind OpenMarkets.
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Andrea Marani

Chief Operating Officer
Andrea oversees and manages our entire operations. His 20 years+ experience in overseas markets includes the launch of South African online broker, Global Trader, and management roles at a number of global investment banks. In Australia he's served in senior management roles at two large broking firms.
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Leo Lopez

Head of Sales
Leo is responsible for the development and growth of our sales team, and his career in financial services spans over 20 years in both retail and investment banking
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Frank Malcolm

General Manager
Frank brings extensive experience in the securities industry through his role as executive director of Westpac’s securities custody business and at two Australian brokerages prior to joining OpenMarkets.
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Craig Crevola

Chief Technology Architect
Craig is the technology architect behind the scenes. Specialising in product development and system integration, Craig and his team ensures our technology is robust, flexible and built to the highest standards.

Board of Advisors

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Rick Klink

Board Member
Co-Founder. IT Specialist with more than 20 years experience in Financial Services. Founder of Paritech, a financial software company.
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Emlyn

Board Member - Investor
Co-Founder. CEO National Stock Exchange of Australia. Co-Founder CapitalPitch. 25 years experience in finance and business development.
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John Brownsea

Board Member - Investor
Owner Yarra Accounting Group, financial advisor and Chartered Accountant KPMG.
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Fergus Scott

Board Member - Investor
Owner of largest obstetric ultrasound practice in Australia, now with Monash IVF.

Traction

Milestones

OpenMarkets integrates with AdviserLogic financial planning software: http://www.openmarkets.com.au/2015/12/

December 04, 2015

OpenMarkets connects to IRESS trading software, expanding platform choice for clients: http://www.openmarkets.com.au/2015/11/

November 08, 2015

OpenMarkets launches Chi-X trading to cut costs and improve execution for professional and institutional investors: http://www.openmarkets.com.au/openmarkets-launches-chi-x-trading-to-cut-costs-and-improve-execution-for-professional-and-institutional-investors/

August 05, 2015

OpenMarkets integrates with Omgeo to automate post-trade processing, opening doors to asset managers and institutional investors: http://www.openmarkets.com.au/2015/06/

June 23, 2015

OpenMarkets connects its broking technology with robo-advice company Ignition Wealth: http://www.openmarkets.com.au/2015/04/

April 28, 2015

OpenMarkets added to Xpress Super broking panel. OpenMarkets has integrated its trading services with discount DIY superannuation administration provider, Xpress Super. Now clients using Xpress Super can select to trade through OpenMarkets for lower cost brokerage and transaction datafeeds.

April 08, 2015

Appointment of Igor Shparberg as senior sales manager: http://www.openmarkets.com.au/2014/12/

December 18, 2014

OpenMarkets executes its first direct managed funds trade through its new Multi-Asset Trading Hub: http://www.openmarkets.com.au/2014/11/

November 24, 2014

OpenMarkets Launches: http://www.openmarkets.com.au/2014/09/

September 17, 2014

OpenMarkets launches its FIX real-time gateway for Australian equity markets. http://www.openmarkets.com.au/2014/04/

April 07, 2014

Appointment of Leo Lopez as Head of Sales: http://www.openmarkets.com.au/2014/02/

February 03, 2014

Press

AFR: OpenMarkets sets targets, argues it turned away BBY business

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August 27, 2015

The Australian: “Automated broker OpenMarkets challenges banks”

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April 28, 2015

Australian Financial Review: “New online broker opens for business”

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October 08, 2014

Sky Business News 22 October 2013: Rick Klink talks on OpenMarkets

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October 25, 2013

Money Management: “OpenMarkets looks to growth”

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October 11, 2013

Investor Daily: “ASX welcomes new online broker”

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October 09, 2013

Wealth Professional: “New online broker targets advisers”

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October 08, 2013

Key Customers

AG Capital Markets

AG Capital Markets

AG Capital Markets is an Australian boutique investment advisory and online trading firm with offices in Sydney, NSW and Broadbeach Waters, Queensland.

Kaz Capital

Kaz Capital

Kaz Capital is a specialised financial services provider offering expert advice to domestic and foreign high net worth individuals and institutions.

Hewison Private Wealth

Hewison Private Wealth

We personally tailor our plans and advice specifically to your financial needs.

Kosec Kodari Securities

Kosec Kodari Securities

A leading provider of investment services to a substantial and diversified client base in Australia, including corporations and high net worth individuals.

Giles Wade

Giles Wade

Delivers a holistic and bespoke financial and asset management service to select clients.

Key Partners

OmniTrader

OmniTrader

OmniTrader is one of the most powerful trading platforms available. It provides you with various tools to analyze the market and brings you the best candidates.

Stex Investor Software

Stex Investor Software

STEX Investor Software was created to provide an economical and efficient way to technically analyse the stock market and manage investment portfolios for both private and professional investors both in Australia and worldwide.

Market Scan

Market Scan

Marketscan incorporates fundamental analysis, company information, technical analysis and scanning all into one powerful investment tool.

MetaStock

MetaStock

MetaStock is a full-featured, professional-level charting program, and the world's most powerful technical analysis software for traders.

AdviceConnect

AdviceConnect

We are robo-advice specialists with solutions for advice businesses, and super funds. We also develop custom web and mobile apps, specialising in enterprise finance solutions.

Value Labs

Value Labs

We are a global business technology solutions and services provider. In an age when technology plays a critical role in business strategy, we are pioneering industry-specific solutions and new age digital practices that enable rapid growth, rich value, and specific business outcomes.

Cogent

Cogent

We provide software delivery consultants to add capacity and capability into your in-house team.

AdviserLogic

AdviserLogic

AdviserLogic is an Australian financial services technology company which customises business solutions for Financial Planners and Risk Advisers.

Macquarie Wrap

Macquarie Wrap

Macquarie Wrap is the platform that gives you visibility, flexibility and control of your clients' investments.

VisiPlan - Iress

VisiPlan - Iress

Iress owned planning software

MidWinter

MidWinter

Provide a range of cutting edge financial planning software packages, in particular – our latest offering – AdviceOS

Rubik

Rubik

Rubik is a leading technology company listed on the ASX that delivers innovative solutions to the wealth management, mortgage broking and banking segments within financial services both in Australia and internationally.

XPLAN

XPLAN

XPLAN is the most comprehensive range of integrated wealth management software tools in Australia.

Quicken

Quicken

Money management software

ShareSight

ShareSight

Sharesight share portfolio management software provides a central, online repository for all your portfolio data, keeping it backed-up and secure.

Premium

Premium

Praemium is an independent platform provider publicly listed on the ASX

UNIP

UNIP

At UNIP, we provide a quality SMSF administration platform,
with pro-active tax return and audit services at an affordable price.

Superfund Wholesale

Superfund Wholesale

Insourced smsf admin solutions for forward-thinking advisers.

Superfund Partners

Superfund Partners

Superfund Partners is one of the largest independent specialist SMSF businesses in the country.

SuperMate

SuperMate

SMSF Accounting Software by Australia's most experienced SMSF developer!

BGL

BGL

One of the largest suppliers in the world of compliance software for corporate secretarial and superannuation fund management.

Class Super

Class Super

Cloud software solutions for the Australian wealth accounting market since 2009.

BT Wrap

BT Wrap

BT Wrap is an investment platform managed with your financial adviser with access to all ASX listed securities, over 580 managed funds, and term deposits, and provides easy administration and consolidated reporting for individual investors, partnerships, trusts, companies and self-managed super funds.

Commonwealth Bank CMA

Commonwealth Bank CMA

Commonwealth Bank Cash Management Account

NAB Margin Lending

NAB Margin Lending

A NAB Equity Facility allows you to borrow against an extensive range of domestic stocks, international stocks, and managed funds.

CBA Margin Lending

CBA Margin Lending

Commonwealth Bank Margin Lending facility, which allows investors to unlock the equity in their existing investments, and combine it with borrowed funds to expand your portfolio.

ANZ Margin Lending

ANZ Margin Lending

ANZ Margin lending facility

Leveraged

Leveraged

Leveraged provides the framework to incorporate gearing into their clients’ wealth creation strategies.

DDH Graham

DDH Graham

DDH Graham Limited is a Brisbane based funds management and administration organisation providing CMA services.

Macquarie Bank CMA

Macquarie Bank CMA

Macquarie Bank cash facilities

Bank West CMA

Bank West CMA

Bank West cash management facility

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