UK leading spread betting and CFD broker IG Group have signed a partnership deal with Australian rules football club Melbourne FC giving it more exposure to a lucrative CFD market in Australia.
The deal runs till the end of 2016 and will benefit both sides in the short term as both sides would get more marketing and coverage around the world.
Melbourne’s chief executive Peter Jackson said: “It is a mutual benefit for both parties, and a testament to the continued growth of this club – both on and off the field.”
“We are excited about the opportunities for both businesses, and are genuinely optimistic about laying the foundation for a long-term partnership over the next two years.”
IG Group head of Asia Pacific Tamas Szabo was particularly happy and proud of the deal saying: “Their heritage as pioneers of Australian Rules football matches IG’s proud history as innovators in online trading on financial markets. We’re going long Melbourne.”
With the latest deal IG Group are once again trying to cement their leading position in CFD trading around the world.
See how IG compares to other top CFD brokers on IndependentInvestor website.