Saxo Bank’s ForexTrading.com Adds Stock Index CFDs and Additional Commodity CFDs to Product Offering
By Saxo Bank, PRNEWednesday, June 29, 2011
HELLERUP, Denmark, June 30, 2011 -
Saxo Bank, the online trading and investment specialist, today
announced the addition of 12 CFD’s on major stock indices and 7
commodity CFDs to its ForexTrading.com platform for private
traders.
ForexTrading.com was launched by Saxo Bank in early June 2011
and provides traders with browser-based and downloadable trading
platforms, supporting a range of the world’s most liquid forex and
CFD instruments at competitive spreads.
Claus Nielsen, Head of Markets at Saxo Bank, said:
“The addition of stock index CFDs and seven further commodity
CFDs to ForexTrading.com now enables private investors to trade in
the most liquid contracts across a range of asset classes. The
majority of clients use ForexTrading.com as a no thrills account to
trade currencies, however we want to make sure that they have the
opportunity to leverage the opportunities they see in other asset
classes.”
“We expect dedicated index and commodity traders to enjoy the
tight spreads for the CFD indices. The indices are priced
competitively with the UK 100 and Germany 30 indices spread going
as low as 1 point and the US SPX500 as tight as 0.75 points.”
The minimum initial deposit when opening an account with
ForexTrading.com is $2,000 or equivalent, and no interest will be
paid on funds on deposit. ForexTrading.com supports retail trading
accounts and offers support and service in English.
For more information: href="www.forextrading.com">www.forextrading.com
About Saxo Bank
Saxo Bank is a leading
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online trading and investment specialist. The three specialised
and fully integrated trading platforms; the browser-based
href="www.saxobank.com/en/trading-platforms/pages/internet-trading.aspx">
SaxoWebTrader, the downloadable
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SaxoTrader and the SaxoMobileTrader application are available
in over 20 languages. Saxo Asset Management accommodates high-net
worth private clients and institutional investors. In 2011 Saxo
Bank continued the diversification of its business and launched
Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen
with offices throughout Europe, Asia, Middle East and
Australia.
Media enquiries: Claus Nielsen, Head of Markets, Phone +45-3977-4027; Kasper Elbjørn, Head of Group Public Relations, Phone +45-3977-4300, press at saxobank.com
Tags: denmark, Hellerup, June 30, Saxo Bank