ASIC regulated Australian foreign exchange brokerage, Vantage FX, today announced another addition to its current commodity assets portfolio. The decision was made due to the increase in trading volumes reported by the broker in recent months.
Supplementing the existing offering with four new instruments should allow Vantage’s customers to diversify their investment portfolio on a much larger scale. Natural gas, gasoline, heating oil and copper are available now directly from the MetaTrader 4 platform. Previously the firm offered oil, gold, silver, palladium, copper and heating oil CFDs.
Liquidity Constraints in 2021 – What is the Best Path Forward?Go to article >>
The decision comes at a time when the commodity market broad asset classes are seeing very strong volatility. Many of the instruments continue the dynamic declines started in 2014 – for example, natural gas touched the levels which were last seen almost two decades ago.
Such high volatility on the commodity markets is not only reflected in the currency pairs exchange rates, but at the same time it generates greater investors’ activity and higher trading volumes. This is confirmed by the growth results published by the large retail market brokerages. At the beginning of the year, Saxo Bank reported strong performance of its business metrics – February’s year-over-year volumes increased by 36.7%.
A few months ago, Finance Magnates reported that Vantage FX had begun its adventure with the institutional part of the market after the launch of Vantage Prime – offering liquidity and white label solutions. The entity also migrated MXT Global clients’ accounts – both companies merged in June 2014, but has so far functioned as independent brands.