Dukascopy Increases Investment Offering, Adds CFDs on Bonds

Friday, 24/08/2018 | 12:02 GMT by Celeste Skinner
  • At first, the broker will list the German government bond (BUND.TR/EUR) and the UK government bond (UKGILT.TR/GBP).
Dukascopy Increases Investment Offering, Adds CFDs on Bonds
Finance Magnates

Swiss forex bank and brokerage firm Dukascopy has expanded its contracts for difference (CFDs) offering, by introducing CFDs on bonds, the firm said in a statement today.

Initially, the broker will list the German government bond (BUND.TR/EUR) and the UK government bond (UKGILT.TR/GBP) on its platform to trade. Over time, the firm will add more instruments and expand its bond offering.

The leverage for the bond CFDs will be 1:30 for clients of Dukascopy Bank. Because of European Securities and Markets Authority (ESMA) regulation, which put leverage restrictions on CFDs in the European Union (EU), clients of Dukascopy Europe will have a leverage of 1:5.

In addition, the Swiss broker has also increased the number of tradable CFDs on indices. Now investors can also trade US Dollar Index (DOLLAR.IDX/USD), Netherlands 25 Index (NLD.IDX/EUR), Singapore Blue Chip Index (SGD.IDX/SGD) and India 50 Index (IND.IDX/USD).

The maximum leverage for these instruments will be 1:100 in Dukascopy Bank. Again, because of EU regulations, traders will have a leverage limit of up to 1:10 in Dukascopy Europe. The new instruments will increase diversification for both the firm’s self-trading clients and investors of the firm’s newly launched wealth management service.

Dukascopy continues to expand its client offering

On the broker’s trading platform Jforex, investors have access to forex, precious metals, CFD on commodities, indices, stocks, bonds and Cryptocurrencies . In July, Finance Magnates reported that the firm had expanded its offering to include a wealth management service: LP PAMM.

According to the statement released at the time, clients can invest as little as $1,000 and, after granting the management mandate to Dukascopy Bank, the firm will handle the entire process.

Through its business structure, investors can earn income by acting as a Liquidity provider. This is similar to institutional market participants on the SWFX network.

Swiss forex bank and brokerage firm Dukascopy has expanded its contracts for difference (CFDs) offering, by introducing CFDs on bonds, the firm said in a statement today.

Initially, the broker will list the German government bond (BUND.TR/EUR) and the UK government bond (UKGILT.TR/GBP) on its platform to trade. Over time, the firm will add more instruments and expand its bond offering.

The leverage for the bond CFDs will be 1:30 for clients of Dukascopy Bank. Because of European Securities and Markets Authority (ESMA) regulation, which put leverage restrictions on CFDs in the European Union (EU), clients of Dukascopy Europe will have a leverage of 1:5.

In addition, the Swiss broker has also increased the number of tradable CFDs on indices. Now investors can also trade US Dollar Index (DOLLAR.IDX/USD), Netherlands 25 Index (NLD.IDX/EUR), Singapore Blue Chip Index (SGD.IDX/SGD) and India 50 Index (IND.IDX/USD).

The maximum leverage for these instruments will be 1:100 in Dukascopy Bank. Again, because of EU regulations, traders will have a leverage limit of up to 1:10 in Dukascopy Europe. The new instruments will increase diversification for both the firm’s self-trading clients and investors of the firm’s newly launched wealth management service.

Dukascopy continues to expand its client offering

On the broker’s trading platform Jforex, investors have access to forex, precious metals, CFD on commodities, indices, stocks, bonds and Cryptocurrencies . In July, Finance Magnates reported that the firm had expanded its offering to include a wealth management service: LP PAMM.

According to the statement released at the time, clients can invest as little as $1,000 and, after granting the management mandate to Dukascopy Bank, the firm will handle the entire process.

Through its business structure, investors can earn income by acting as a Liquidity provider. This is similar to institutional market participants on the SWFX network.

About the Author: Celeste Skinner
Celeste Skinner
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About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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