INFINOX Brings Affordable S&P Micro Futures Trading to South America

• Infinox appointed as market maker for S&P 500 Micro futures by Brazil’s B3 exchange
• London-based Infinox, the first UK company to make FX futures trading possible in South America, is now offering Brazilian investors affordable access to the benchmark S&P 500 index of US equities
• The B3 - or Brasil Bolsa Balcão - is the world’s third largest derivatives exchange, with a market cap of $715bn

UK-based CFD provider Infinox has followed up on its trailblazing rollout of forex futures trading in South America by offering Brazilian investors access to S&P 500 Micro futures.

The global Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term has been selected by the Brasil Bolsa Balcão stock exchange – known as the B3 – as a market maker for the hugely popular equity futures contracts, which allow investors affordable exposure to the S&P 500 index.

The appointment means that Brazilian investors in the B3 - the world’s third largest derivatives exchange by volume in 2019 - can now trade Micro futures contracts that track the S&P 500 index of large-cap US companies in their home market, and without needing to send funds out of the country.

The simplicity and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term of S&P 500 futures means they have long been a staple for both professional and amateur traders.

But the introduction in 2018 of Micro futures, which are 20 times smaller than a standard contract, transformed the trading landscape by offering sophisticated retail investors affordable, highly leveraged exposure to one of the world’s best known equity indices.

The surging popularity of S&P 500 Micro futures saw the total volume traded over the past three months hit $5.61bn, a 230% increase on the previous quarter.

Infinox’s selection as a market maker by the São Paulo-based B3 – Brazil’s second oldest exchange, with a market cap of $715bn – unlocks S&P 500 Micro futures for a market already showing strong investor demand.

Robert Berkeley, CEO of Infinox, said:

“The scale and potential of Brazil’s untapped market is truly exciting. Brazilian investors already trade over $70bn per day on just two futures products, so the arrival of S&P 500 Micro futures is a gamechanger.

“Earlier this year Infinox took the strategic decision to use our high levels of liquidity to diversify into market making for established and successful exchanges like the B3. We blazed a trail by enabling Brazilian investors to trade forex futures, and we’re now proud to offer them access to the S&P 500, one of the world’s best-known and most highly traded equity indices.

“We have more than a decade of experience in our home market, and now have a presence in 15 countries. We pride ourselves on providing competitive trading conditions and premium client service, and look forward to unlocking US equity futures trading to a new wave of ambitious Brazilian investors.”

About Infinox

INFINOX Capital Ltd is a global, online trading platform based in the City of London. Authorised and regulated by the Financial Conduct Authority, it enables clients across the UK, EU and beyond to trade a full range of asset classes, from forex to equities and commodities.

Its business is built on integrity and trust, and it offers customers access to a range of market intelligence tools as well as dynamic products, competitive trading parameters and premium, one-on-one customer service.