Scope Markets, owned by the Rostro Group, has significantly scaled up its retail offerings with the addition of more than 500 single stocks, covering the ones listed on the stock exchanges in Canada, Austria, and Hong Kong.

Scope Expands Single Stock Offerings

With this addition, Scope Markets now offers equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term from 11 global markets, with the number of individual stocks going over 40,000. The broker provides 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 pairs and contracts for differences (CFDs) of other asset classes.

“Clients continue to look for access to trading single stocks,” Scope Markets’ Chief Market Analyst, Joshua Mahony, said, mentioning the latest expansion of products.

“Valuations may still look toppy as markets gain ground in the face of tightening monetary policy, but what we’re also typically seeing now are far bigger moves in underlying share prices off the back of fundamentals. Even a modest earnings overshoot can deliver a significant jump in a company’s fortunes.”

Scope Markets Is Expanding

Rostro Financial Group acquired Scope Markets last year in an all-cash deal.

Earlier this year, Scope Markets announced that it had re-entered the Chinese market after an exit from the country in 2021 due to regulatory challenges and economic conditions, affecting demand for its services. However, the CEO of Scope Markets, Pavel Spirin revealed to Finance Magnates that the broker did not technically leave China as it maintained “selected legacy relationships.”

Under the stewardship of Rostro, the Scope Markets brand is expanding into the Middle East and other Asian regions. It is one of the few brokers to have a license in Kenya.

The latest expansion of the offerings also shows the growing demand for Asia-listed stocks among global traders.

Mahony added: “The Hong Kong market is especially in demand right now, with stocks reacting to signs of the slowing Chinese economy, as well as responding to the frequent rounds of chatter that fresh stimulus measures will be delivered from Beijing.”