Dukascopy Bank Starts Offering CFDs to Its White Labels

According to a company announcement, Swiss bank Dukascopy has started offering its White Labels White Labels White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye Read this Term access to the company’s recently launched CFD trading module. The release follows up on the official launch of live trading on the broker’s own end-client offering last September.

The list of CFDs includes both major brands of crude oil and 8 indices – German DAX 30, French CAC 40, Swiss SMI 20, UK’s FTSE 100, Japanese Nikkei 225, the Dow Jones Industrial Average, the S&P 500 and the leading US-listed tech companies benchmark, NASDAQ.

Following up on the release of the company’s binary options platform to white labels in September 2014, Dukascopy Bank is now further expanding the product line for its white label clients. CFD trading has been integrated into the back-office system of Dukascopy Bank’s offering, adding some tools and reporting functionality to manage accounts and monitor customer activity.

White labels of the company will gain access to the CFD instruments without any additional integration costs.

As previously reported by 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 Magnates, the price formation mechanism of the new CFD offering is based on the company’s proprietary SWFX ECN Marketplace competition technology, with Dukascopy acting as a counterpart for each transaction, while reserving its right to hedge the CFD contract exposure on other financial markets.