Deriv Eliminates Manual Rebalancing of Trades: Launches ‘Tactical Indices’

Deriv, a forex and contracts for differences (CFDs) broker, has enhanced its trading tools by introducing ‘Tactical Indices,’ designed to eliminate the need for manual rebalancing.

New Tool to Automate Execution

As highlighted by Deriv, the newly introduced tool will automatically execute predefined rules based on technical indicators. According to the broker, this will allow traders to potentially benefit from momentum, trend reversals, and other market dynamics without the need for constant rebalancing or incurring associated costs.

“Tactical Indices bridge the gap between complex trading strategies and seamless execution ," said Prakash Bhudia, Head of Product and Growth at Deriv. "We’re empowering traders to use advanced techniques like trend following and pairs trading while removing the barriers of manual intervention and overhead."

The initial release of Tactical Indices features four strategies based on the RSI indicator, each using silver as the underlying asset. Two momentum-based indices will allow traders to take advantage of upward or downward trends in silver prices, while two contrarian indices will focus on capitalising on downward or upward trend reversals.

The broker has already integrated these new tools across all its trading platforms, including MetaTrader 5, cTrader, and Deriv X.

It plans to expand its Tactical Indices offering in the first half of 2025 to include a wider range of technical indicators, trading strategies, and asset classes. These additions will include MACD, Bollinger Bands, and pairs trading.

Innovation in Trading Products

Although the trading industry appears to have stagnated in terms of new products, some companies continue to innovate. Australia-based 26 Degrees recently launched Pairs CFDs, offering a single price ratio between two assets. It has even expanded the product line by adding gold Pairs CFDs. Last month, the company disclosed to Finance Magnates that over 20 per cent of its global brokerage client base is now offering or planning to release Pairs CFDs.

Another trending service among CFDs brokers is prop trading. While this concept has existed for decades, its popularity has surged in recent years.

Many established CFD brokers, including OANDA, Axi, Trade.com, IC Markets, and others, now offer prop trading services alongside their standard CFD offerings. Although prop trading remains unregulated, several regulators are investigating these products.