ACY Securities Expands With New Office In Melbourne Australia, Plans IPO in 2024

July 18, 2022 - ASIC regulated multi-asset online trading provider ACY Securities today has officially opened its new office in Melbourne as part of its continuing growth and expansion.

ACY Securities also announced plans for a consolidation of ACY Securities, the financial services arm, and Zerologix, the sister technology arm of the ACY Group of companies to form a new holding company, ACYLogix Pty Ltd.

The company says that after the consolidation, the resulting entity ACYLogix will be "a high-performing, ultra-efficient and sustainable FinTech company."

Jimmy Ye, Chief Executive Officer at ACY Securities said “Our Victorian Headquarters is a symbol of empowerment, a centre for excellence, a hub for local innovation and a celebration of progress! Once the consolidation has been successfully executed, PWC will then formally lead the company to IPO in 2024.

“With ACYLogix projected for massive growth in the next few years, the opportunities for cross-departmental, cross-functional and cross-branch career growth, progression and expression are there for all the members of the team to explore as they see fit.”

ACY Securities official ribbon cutting ceremony for their new Melbourne office, held at the Park Hyatt Hotel, Melbourne

The official ribbon cutting ceremony was performed at a special gala event held at the Park Hyatt Hotel Melbourne. In attendance were distinguished guests including Mr Bruce Atkinson - MLC, Former President of Victorian Legislative Council, Mr Keith Wolahan, MP, Member for Menzies and Mr Luke Donnellan - MLA For Narre Warren North.

Bruce Atkinson - MLC, Former President of Victorian Legislative Council said at the gala event “It’s very much about being customer centric and how are we going to be an enabler for people, who need to make decisions that will impact upon their lives, that will ensure wealth creation, that will ensure successful careers and retirements and that will enable them to also participate not just in Australia, but in global markets as well with a degree of safety because the information that they have to work with is going to be accurate, timely and on a platform that has integrity”.

Since its inception in 2013, ACY has experienced massive year-on-year growth. The company now employs over 150 staff across the globe with further offices to be established by the end of 2022.