StoneX Group Inc. trading brand City Index announced that it plans to rebrand its office in Australia to give clients better service and establish a leading position among local competitors.

CFD and Forex trading provider City Index has increased its presence in Australia with a new headquarter. Since its local launch in 2006, City Index Australia has been quite popular with Australian investors as the country is a major market for the company.

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In addition, the broker also announced a rebranding after signing a sponsorship contract with The Sydney Roosters NRL club. Tom Brown, Head of the Australia branch at City Index, believes that expanding the company's presence in Australia is an important step in maintaining the broker's leading position among competitors.

He said that the key to City Index's longevity was that they built their service model around client needs. The regulated broker claims to always be ready to serve clients, and this rebranding hopefully will strengthen mutual between clients and the company. Besides the new head office in Australia, City Index has also increased the number of employees in order to serve clients more professionally.

"With the release of the new corporate branding and features, City Index aims to emphasize its alignment with its clients' goals, driven by the desire to be a trusted partner - a provider of choice, value, and insight. City Index's new branding celebrates the craft of trading financial markets, pushing boundaries and exploring new markets with confidence," added Brown.