Strike while it's hot: an update to the metal lineup

20 September 2022

New indices and metals available for trading.Dear clients,

Good news, our list now includes 10 more instruments, including those back to service after 2 years, palladium and platinum:

#SMI20, Switzerland 20 (Swiss Market Index) is a key Swiss stock index. Includes 20 largest companies whose shares are traded on the Swiss stock exchange. At the moment, the index makes up more than 85% of the Swiss stock market.

#ChinaA50, China A50 (FTSE China A50 Index) is a stock market index from the FTSE Group (a joint venture of FTSE-Xinhua until 2010), the components were selected from the Shanghai Stock Exchange and the Shenzhen Stock Exchange, which issue Class A shares.

XPTUSD, Platinum vs US Dollar/Spot. In addition to being a precious metal, platinum is a unique subcategory of the platinum group metals. Used in jewelry but mostly known for its use in the car industry. Spot prices refer to the price of precious metals for immediate delivery. Trades in bullion coins are almost always valued using the spot price as a basis.

XPDUSD, Palladium vs US Dollar/Spot. Also belongs to the platinum group. This metal is an important component in catalytic converters that are used to reduce greenhouse gas emissions from gasoline engines. In recent years, strong demand for gasoline-powered vehicles has greatly increased the demand for palladium.

CUCUSD, Copper (Chicago) vs US Dollar. Demand for copper is quite high as it is an industrial metal that is a good conductor of electricity. Copper is used in a variety of applications, from air conditioners and televisions to cars. Particular interest in the metal arose against the backdrop of an increase in the production of electric vehicles.

We have also added cross-rates of well-known metals to well-known world currencies: XAGCHF, Silver vs Swiss Franc; XAGEUR, Silver vs Euro; XAGGBP, Silver vs Great Britain Pound; XAUCHF, Gold vs Swiss Franc; XAUGBP, Gold vs Great Britain Pound.

More detailed trading conditions can be found in the CFD Specifications.

Use familiar instruments, master new ones and make a profit!

Strike while it's hot: an update to the metal lineup

If you have any questions, don't hesitate to contact us:

 

Good luck in trading!
FreshForex — forget other brokers.

 

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