Juno Markets Adds Share CFDs, Taps Nasdaq for Market Data

Retail brokerage Juno Markets announced on Thursday the addition of the United States-based company stocks through contracts for differences (CFDs) offerings and has partnered with Nasdaq to fetch real-time market quotes for clients.

Juno Markets offers trading services with a range of asset classes, including Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, metals, stock indices, and energy. However, the addition of stock CFDs is new to the platform.

The press release shared with Finance Magnates detailed that, in the initial offering, the platform will list 20 stocks of major US-based companies, including Apple, Google, Tesla, and Facebook, and has plans to add more stocks in the future.

Offering Stocks Ahead of Expected Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term

It highlighted that the shares CFDs offering has zero trading commission, and there are no restrictions in short selling. It added the new offering ahead of the US presidential elections when the markets are expected to get volatile.

Commenting on the new offering, Juno Markets CEO, Arthur Le said: “Juno Markets aims to become a multi-asset platform, giving our clients access to a one-stop-shop to be able to trade any instrument without the need of having multiple accounts. We're excited to offer US shares as our initial offering, allowing traders from around the world the ability to invest in household names they're familiar with.”

Juno Markets is regulated by the Vanuatu Financial Services Commission (VFSC), and its primary business is concentrated within the Asia-Pacific region.

Earlier this month, the brokerage launched mobile applications for Juno Auto Trader, its copy-trading services platform. Furthermore, it enabled deposits with four digital currencies to attract a wide range of traders.