OANDA, a longtime player in the
multi-asset retail trading industry, has expanded its contracts for difference
(CFDs) offering beyond European equities to now include popular US and UK
stocks. The launch was introduced under the Global Markets division, the broker
announced on Monday.
With the launch, OANDA clients
in the emerging markets can now trade CFDs on the shares of companies drawn
across a variety of sectors from the stated countries, providing them with “valuable
diversification opportunities.” This move also increases trading options
available to clients, the broker noted.
“With this announcement, OANDA
completes its goal of allowing retail traders to trade CFDs on individual
company shares, such as BP and Vodafone in the UK, and Tesla, Amazon, and Apple
in the US,” OANDA noted in a statement.
“Interest in CFDs has been
surging globally as they offer traders and investors the opportunity to profit
from price changes without owning the underlying assets. CFDs give exposure to
markets that are trending downward as well as upward, allowing traders to take
positions even when volatility is high,” Phil Waters, Head of Asia Pacific and
Emerging Markets at OANDA, explained.
OANDA, a longtime player in the
multi-asset retail trading industry, has expanded its contracts for difference
(CFDs) offering beyond European equities to now include popular US and UK
stocks. The launch was introduced under the Global Markets division, the broker
announced on Monday.
With the launch, OANDA clients
in the emerging markets can now trade CFDs on the shares of companies drawn
across a variety of sectors from the stated countries, providing them with “valuable
diversification opportunities.” This move also increases trading options
available to clients, the broker noted.
“With this announcement, OANDA
completes its goal of allowing retail traders to trade CFDs on individual
company shares, such as BP and Vodafone in the UK, and Tesla, Amazon, and Apple
in the US,” OANDA noted in a statement.
“Interest in CFDs has been
surging globally as they offer traders and investors the opportunity to profit
from price changes without owning the underlying assets. CFDs give exposure to
markets that are trending downward as well as upward, allowing traders to take
positions even when volatility is high,” Phil Waters, Head of Asia Pacific and
Emerging Markets at OANDA, explained.
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