Dukascopy Bank Greatly Expands Single Stock CFDs Offering

Swiss brokerage Dukascopy Bank has announced the addition of a list of new single share CFDs contracts. The company will be adding contracts that include the most popular stocks across European bourses.

The list includes CFDs from Austria, Belgium, Denmark, Finland, France, the Netherlands, Norway, Portugal, Spain, Sweden and Switzerland. Clients of Dukascopy Bank will be able to add the instruments from the instrument selector menu in their trading platform.

Dukascopy Bank has been widely engaged in expanding its single stock CFDs offering, opening the door for the company’s clients to trade various stock markets across the globe.

Volatility Shows Signs of Turning

Dukascopy Bank’s timing coincides with slowly increasing volatility measures across both the FX and stock markets. This week two major central banks, the European Central Bank and the Bank of England, signaled willingness to end the ultra-low monetary policy rates.

For the first time since the beginning of the month when some volatility around the UK election was warranted, the FX and stock markets have shown signs of revival. The spike in the value of European currencies in the past couple of days translates into higher volumes, with various brokers reporting significantly higher numbers when compared to the mundane start of the month.

With the summer lull settling in over the markets, policy uncertainty in the US will be the key factor to watch for further volatility. In the meantime, clients of Dukascopy Bank that are keen on trading major European shares have more options to choose from. Last year, the Swiss brokerage started its effort in single stock CFDs with a batch of German stocks.

(Photo: FortuneZ)

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