{"id":25046,"date":"2020-05-19T13:08:44","date_gmt":"2020-05-19T13:08:44","guid":{"rendered":"http:\/\/pr.asianetpakistan.com\/?p=61530"},"modified":"2020-05-19T13:08:44","modified_gmt":"2020-05-19T13:08:44","slug":"fxcm-expands-cfd-offering-with-stock-baskets-esports-gaming-trading-volume-up-200","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/fxcm-expands-cfd-offering-with-stock-baskets-esports-gaming-trading-volume-up-200\/","title":{"rendered":"FXCM expands CFD offering with Stock Baskets, Esports & Gaming trading volume up 200+%"},"content":{"rendered":"
LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, May 19, 2020 (GLOBE NEWSWIRE) — FXCM Group, LLC<\/u><\/strong><\/a> (\u201cFXCM Group\u2019 or \u2018FXCM\u2019), the leading international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, is today announcing a wider launch of its Stock Basket offering to customers. Effective immediately, basket products are tradeable by customers on its Australian and South African entities.<\/p>\n FXCM\u2019s stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. This allows customers to speculate on sectors as a whole instead of having to select a single company.<\/p>\n FXCM currently offers 6 baskets to its retail clients: Big US Tech (\u201cFAANG\u201d), Esports & Gaming (\u201cESPORTS\u201d), Biotech, Cannabis, China Tech (\u201cCHN.TECH\u201d) and China E-commerce (\u201cCHN.ECOMM\u201d). The list of companies and weightings is available on FXCM\u2019s stock basket website (https:\/\/www.fxcm.com\/markets\/ This announcement follows closely behind FXCM\u2019s initial launch of its Share CFD offering, with the broker expected to launch trading on more individual companies and stock baskets later this year.<\/p>\n