While ANZ has previously run a retail investment platform in-house, over the weekend the Bank switched to a platform run by UK derivatives dealer CMC Markets at the weekend. CMC now runs Share Investing in as-a-service mode for ANZ.
An ANZ spokesperson told iTnews the transition to CMC Markets’ platform was successful, but unusually high trading volumes caused the login portal to falter.
However, the spokesperson said all other elements of the service functioned as expected.
Ann: Pause in Trading, page-26
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