As Non-FX Trading Rises, IG Launches Extended Stock Trading Hours During Earnings Season

One of the trends of 2013 was the increase of volumes of non-FX trading products among 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 brokers. As a result, many firms have been creating products to meet the rising non-FX demand, with CFDs, such as for bitcoins, emerging market securities, and commodities coming to market. Among leading brokers, both FXCM and Saxo Bank reported during 2013 that non-FX volumes were growing faster than FX, while GAIN Capital pointed out to its shareholders that among the benefits of its Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of GFT was a massive expansion of tradable products.

Following on this trend, IG Group has announced an interesting feature for its US equity product during the coming earnings season. For this period, IG will be providing extended market hours for select shares. The extended trading hours will allow for customers to trade in reaction to earnings announcements that take place both before and after normal market sessions. It will be interesting to see how much demand the extended trading hours creates, as announcement from shares such as those of Apple, Google, and Amazon will take place after the US close, which will be after 9PM for the majority of their customers.

Among stocks that will be available for extended trading are Apple, Twitter, Facebook, Goldman Sachs, eBay, and Google. Commenting on the news in their public release, Brenda Kelly, Chief Market Strategist at IG stated, “We have already seen plenty of interest in this offering, with customers trading JP Morgan stocks out of hours ahead of today’s results, and we’re delighted to be the only provider able to offer extended hours trading on such a wide range of key US stocks. This new service is all part of our ongoing drive to make more markets more accessible.”