Mitrade Backs World Snooker Tour as Official Trading Partner as New Generation Rises Across Asia

2026-08-27 10:00
Mitrade Backs World Snooker Tour as Official Trading Partner as New Generation Rises Across Asia
Mitrade Backs World Snooker Tour as Official Trading Partner as New Generation Rises Across Asia

MANILA, Philippines, Aug. 27, 2026 /PRNewswire/ -- Mitrade is sponsoring the World Snooker Tour (WST) as its Official Trading Partner. The move comes as Asia-Pacific's retail trading population turns markedly younger: CME Group cites participation in the region has grown 16% over the past five years, with younger Southeast Asian investors driving much of that expansion.

That same generational shift is reshaping snooker's own following. 80% of the sport's fans in China are 50 or younger, against 27% in the UK, according to WST figures reported by TIME. Together, these trends strengthen the case for financial education and disciplined decision-making.

Mitrade has been growing alongside that same generation. Since January 2026, the group reports that active trading clients increased 54% year on year, while the number of trades rose 79% and total lots traded grew 149%. The WST sponsorship gives Mitrade an international platform to deepen engagement with a growing community of traders and fans.

"The World Snooker Tour is a prestigious international platform with a strong global following, and we are proud to support its reach," said Kevin Lai, Vice President of Mitrade Group. "The concentration, composure and judgement the sport demands reflect qualities we value: thoughtful decision-making, discipline and respect for risk. This sponsorship reflects our responsible growth and commitment to helping traders understand financial markets, and we look forward to a meaningful relationship with WST's community."

"We are delighted to welcome Mitrade to the World Snooker Tour," said Peter Wright, Chief Commercial Officer of WST. "This is a significant partnership with a dynamic global brand, and we are excited about working together across our European events."

Mitrade's involvement with WST will kick off at the British Open in Cheltenham on 31 August 2026.

About Mitrade Group

Mitrade is a globally recognised, award-winning CFD trading platform licensed under the Cayman Islands' CIMA (SIB1612446), Mauritius's FSC (GB20025791), Australia's ASIC (AFSL398528), South Africa's FSCA (FSP 54842), UAE's CMA (20200000397), and Cyprus's CySEC (CIF438/23). The group democratises market access, connecting 7M+ traders to 1,000+ OTC derivatives, including indices, forex, commodities, ETFs, and shares.

The platform offers millisecond execution, tight spreads, advanced risk mitigation, and multi-device compatibility, ensuring an intuitive trading experience tailored to every trader.

Trading involves risks. This article is for informational purposes only and not financial advice, an offer, or a solicitation. (Related: Radisson Hotel Group strengthens its commitment to Australasia with the signing of the Radisson RED in downtown Sydney Latest

Visit https://www.mitrade.com for more information.

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