AxiTrader, the Australia-based CFD & FX Brokerage, has this month launched a new range of instruments for clients.
Five cash equity indices have been added to the company’s product schedule, allowing clients to trade the Italian, Spanish, Swiss and Netherlands benchmarks. The US 2000 has also been launched, which is based on the underlying Russell 2000 Index covering small cap stocks from the other side of the Atlantic.
Five future CFDs have also been added, allowing positions to be automatically rolled over when underlying contracts expire, a move which the company sees as being popular with longer term traders. Gold, Silver, the VIX volatility index, the US Dollar index and India’s Nifty-50 equity index are all now available on this basis.
AxiTrader offer clients over 140 different instruments across its MT4 next gen platform. Although headquartered in Sydney, the company has offices worldwide including a London presence, where operations are regulated by the FCA.
Sanjeev Joshi, head of AxiTrader UK, commented: “A core part of the AXI ethos is to ensure we always put customers first. Demand for trading multiple assets continues to grow so it’s no surprise that they have asked us for the ability to trade other markets. Adding these ten new instruments provides added flexibility and we’ll keep working to further enhance our offering.”
At a time when many in the brokerage community still seem to be wrestling with the changes brought about by ESMA and MiFID II, it’s good to see that product innovation is continuing in a bid to ensure customers can access the economic exposure they want.