Retail brokers build up product range amid regulatory change
In Japan, Saxo Bank FX KK launched index-tracking and commodity CFDs on its retail platform last Monday (July 5). The index-tracking CFDs enable retail traders to trade CFDs linked to the performance of 16 stock indexes on more than 23 global exchanges and can be short sold. The bank said it is offering double leverage on the index-tracking CFDs.
The Danish company is also enabling Japanese retail clients to use commodity CFDs, employing leveraged commodity trading with reduced collateral.
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