The Prime of Prime brokerage of the TradeTech Group, CFH Clearing, announced this Thursday that it has extended its range of single stock contracts for differences (CFDs) to include additional stocks from the United States, Europe, Hong Kong, and Australia.
In particular, the liquidity provider now allows retail brokers and professional traders the ability to trade a further 250 US companies, in addition to extra European stocks, from exchanges such as the FTSE 100, DAX +, CAC40, IBEX35, and AEX25.
CFH Clearing: Australia & HK are key growth areas
CFH Clearing has also added some of the largest and most traded listed stocks from Hong Kong and Australia. According to the company’s statement, both of these areas are key growth regions for the FCA-regulated firm.
As Finance Magnates reported, CFH Clearing first started offering single stock CFDs back in May of this year. Initially, the company only launched European and US stocks, with plans to offer stocks from different regions, which has occurred today.
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Commenting on the updates, Matthew Maloney, CEO, CFH Clearing, said: “As a leading multi-asset Liquidity Provider, we are continually evolving and enhancing our offering in order to provide clients with additional marketing and revenue channels.”
“In response to client demand, we have extended our portfolio of single stock CFDs to include the largest and most traded stocks worldwide. CFH has one of the broadest ranges of asset classes in the industry – this is highly valued by clients, particularly in an increasingly competitive market.”
The single stock CFDs can be traded via the prime of prime broker’s proprietary platforms, in addition to MetaTrader 4 and 5 platforms and FIX API. The instruments can be cross-margined with all other asset classes.
Part of Playtech plc’s financial division, TradeTech Group, CFH Clearing has a global client base of more than 600 institutional clients located across 83 countries. Its customers range from leading retail foreign exchange (forex) brokers to fund managers.