OANDA adds more CFDs to its award-winning
forex trading platform
New instruments include two-year, five-year, and 10-year U.S. Treasury Note Futures and
U.S. Treasury Bonds
London, December 11, 2012
OANDA, a global provider of innovative foreign exchange trading services, is adding 12 more Contract for Difference (CFD) instruments to its award-winning forex trading platform, OANDA fxTrade.
The company will offer CFD trading with the new instruments to European clients first, before expanding its CFD product offering to clients in other regions. Among the new CFDs being introduced are instruments that will enable OANDA’s European retail forex clients to invest directly in U.S. debt.
According to Courtney Gibson, Vice President of Trading at OANDA, offering CFDs on the company’s forex trading platform provides clients with more opportunities to invest in financial markets.
A CFD is a derivative instrument whose price is based on an underlying asset. Neither the trader nor the authorized, regulated dealer owns the financial asset; they only own the speculation contract. CFDs may include equities, commodities, indices, or currencies, and investors can trade them without the need to tie up a large amount of capital to do so.
New CFDs on OANDA’s trading platform:
2Y T-Note – two-year U.S. Treasury Note futures
5Y T-Note – five-year U.S. Treasury Note futures
10Y T-Note – ten-year U.S. Treasury Note futures
T-Bonds – U.S. Treasury Bonds
NL25 – contains 25 of Holland’s most actively traded stocks
France40 – holds 40 of France’s highest market cap stocks
Europe50 – Europe's leading blue chip index for the Eurozone
Sugar – the world benchmark contract for raw sugar trading
Soybeans – U.S. Treasury Bonds
Nat Gas – the third-largest physical commodity futures contract in the world by volume that is widely used as a benchmark price for natural gas
West TX Oil – the world's most actively traded energy product
Copper – an industrial metal that is mainly used in building and it is often considered an accurate indicator of economic growth
OANDA Corporation has transformed the business of foreign exchange through an innovative approach to forex trading. The company’s leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Rate® data are the benchmark rates for corporations, auditing firms, and central banks.
OANDA Corporation has seven offices worldwide, in Chicago, London, New York, Singapore, Tokyo, Toronto, and Zurich. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Services Authority (FSA), and the Japanese Financial Services Agency (FSA).