Almost 15% of Tickmill’s Active Clients Traded CFDs in March
- CFD on WTI crude oil was the most popular trading instrument on the days when crude oil had its "mini-crashes."
Tickmill, a Seychelles Financial Services Authority (FSA) regulated ECN broker, announced today its first monthly trading statistics of contracts for difference (CFDs) following the launch of the instruments in March 2015.
Following customer interest towards CFDs, Tickmill on March 10, 2015 enabled trading on eight major contracts covering stock indices for Germany, Japan, Europe, United Kingdom and the USA. In addition to Gold, the company also introduced trading in one of the most traded commodities in the world – the WTI crude oil.
Tickmill today announced that during the first month of trading almost 15% of its active clients took the opportunity to trade CFDs. The company also reported that out of the tens of thousands of trades done by its clients in March, 52% were done with CFDs on German DAX 30 stock index, 21% on Japanese Nikkei 225 stock index and 20% on WTI crude oil. The fourth most popular instrument was CFD on the US S&P 500 stock index which accounted for 4% of all trades.
The company added that the day-to-day popularity of any concrete CFD was highly correlated to the underlying Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders Read this Term of the market. Therefore, in March, CFD on WTI crude oil was the most popular trading instrument on the days when crude oil had its mini-crashes.
Sudhanshu Agarwal, CEO of Tickmill added, “By the end of 2015, the aim was that CFD trading would contribute between 10-15% of our trade volumes. With more traders gravitating towards it, I only expect the trend to increase. I am pleased that even though the majority of our client base is Asian based, location does not have as great an effect as does the movements 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 the underlying market. This is evident from the figures on the German DAX 30 stock index and WTI crude oil.”
Tickmill, a Seychelles Financial Services Authority (FSA) regulated ECN broker, announced today its first monthly trading statistics of contracts for difference (CFDs) following the launch of the instruments in March 2015.
Following customer interest towards CFDs, Tickmill on March 10, 2015 enabled trading on eight major contracts covering stock indices for Germany, Japan, Europe, United Kingdom and the USA. In addition to Gold, the company also introduced trading in one of the most traded commodities in the world – the WTI crude oil.
Tickmill today announced that during the first month of trading almost 15% of its active clients took the opportunity to trade CFDs. The company also reported that out of the tens of thousands of trades done by its clients in March, 52% were done with CFDs on German DAX 30 stock index, 21% on Japanese Nikkei 225 stock index and 20% on WTI crude oil. The fourth most popular instrument was CFD on the US S&P 500 stock index which accounted for 4% of all trades.
The company added that the day-to-day popularity of any concrete CFD was highly correlated to the underlying Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, 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. Traders Read this Term of the market. Therefore, in March, CFD on WTI crude oil was the most popular trading instrument on the days when crude oil had its mini-crashes.
Sudhanshu Agarwal, CEO of Tickmill added, “By the end of 2015, the aim was that CFD trading would contribute between 10-15% of our trade volumes. With more traders gravitating towards it, I only expect the trend to increase. I am pleased that even though the majority of our client base is Asian based, location does not have as great an effect as does the movements 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 the underlying market. This is evident from the figures on the German DAX 30 stock index and WTI crude oil.”